underlying amount

USAGE SUMMARY

The phrase "underlying amount" is correct and usable in written English.
It can be used in contexts where you are referring to a fundamental or basic quantity that serves as the basis for further calculations or assessments. Example: "The underlying amount of the investment is crucial for determining its overall value."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

The underlying amount of derivatives, called the "notional value," is in the hundreds of trillions.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

57 human-written examples

When TTF/HAuCl4 ≥ 82.64, the peak at 587 nm almost disappears, underlying the decreased amount of radical cation TTF+.

ACS Nano

The considerably higher risk shown in the publication of Mulcahy and Repace is due to the underlying higher exposure amount.

Environmental Health: A Global Access Science Source

The underlying violence still amounts to what the IBC terms "an entrenched conflict".

The Economist

Our implicit acceptance of the ostensible humanitarian logic underlying such destruction amounts to what Talal Asad has referred to as the "etiquette of death dealing", characterised by nods of regret for such "unfortunate" loss of life.

The Guardian

Although commission members had long made a show of trying to work collaboratively, there was always a fair amount of underlying tension.

The New York Times

The programmer defines the event or function and the cloud provider figures out the exact amount of underlying infrastructure required to run it.

TechCrunch

Whichever perspective one chooses to look at drought, the underlying cause is inadequate amount of moisture around which systems have stabilized.

Pastoralism

If this ETF rallies above $16 for an 11% rally before the short call position expires, the investor would be forced to deliver a sizable amount of underlying shares.

Forbes

From this perspective, it is difficult to explain why the frequency of PPT at the greater trochanter site, which is vulnerable to bed sores due to proximity to the bone and small amount of underlying soft tissue, was the lowest after to the knee and gluteal region.

The Journal of Headache and Pain

For the identification of the relevant quantities of an IFC Model, the number of all instances is denoted as N i and the number of products is denoted as N P. The number of points within a product is still denoted as N, but must be considered as an average amount of underlying points for products in a model.

Visualization in Engineering

Expert writing Tips

Best practice

When discussing financial derivatives, clarify whether you're referring to the "underlying amount" or the notional value to avoid confusion.

Common error

Avoid using "underlying amount" interchangeably with terms like 'market value' or 'notional value'. The "underlying amount" represents the asset's initial value, whereas market and notional values reflect current evaluations or face values.

Linguistic Context

The phrase "underlying amount" functions as a noun phrase, typically acting as the subject or object of a sentence. It denotes a foundational quantity on which further calculations or assessments are based. Ludwig provides examples of its use in contexts ranging from finance to science.

Expression frequency: Common

Frequent in

Science

33%

News & Media

33%

Formal & Business

33%

Less common in

Wiki

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "underlying amount" is a grammatically sound and frequently used phrase. Ludwig AI confirms its validity and applicability across various domains. It serves to denote a foundational quantity or value. While the phrase is generally clear, it's important to differentiate it from similar terms like 'notional amount' or 'market value', particularly in specialized contexts such as finance. Use the best practices to improve your writing. As a useful tip, always specify whether you're referring to the "underlying amount" or a related term to ensure clarity and precision in your communication.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

primary amount

Directly indicates the main or chief amount.

base quantity

Focuses on the fundamental quantity before any modifications.

initial sum

Refers to the starting amount before changes or additions.

original value

Emphasizes the value at the beginning or foundation.

fundamental measure

Highlights the basic measurement on which others are built.

root figure

Indicates the primary number from which others derive.

core component

Highlights the essential element that constitutes the whole.

principal element

Highlights the main element that constitutes the total.

intrinsic quantity

Refers to the inherent quantity present.

basic magnitude

Highlights the elementary scale or size.

FAQs

How to use "underlying amount" in a sentence?

You can use "underlying amount" to refer to the basic quantity or value that supports something else. For example, 'The risk is assessed based on the "underlying amount" of the assets.'

What can I say instead of "underlying amount"?

You can use alternatives like "base quantity", "initial sum", or "original value" depending on the context.

Which is correct, "underlying amount" or "notional amount"?

Both phrases are correct but have different meanings, especially in finance. "Underlying amount" refers to the actual value of an asset, while 'notional amount' refers to the face value used to calculate payments for derivatives.

What's the difference between "underlying amount" and "market value"?

"Underlying amount" generally indicates the initial or fundamental value. 'Market value', on the other hand, reflects the current price at which an asset can be bought or sold in the market.