- sum
**▪**__I.__**sum**sum^{1}[sʌm] noun [countable]**1.**an amount of money:**• Large****sums of money**are spent on advertising campaigns.**• The company was sold for a sum estimated at $2.3 billion.****ˌcapital ˈsum****1.**FINANCE a single amount of money paid out to an investor by an investment, rather than a series of payments:**• Corporate bonds pay a fixed rate of interest and then a capital sum on the bond's maturity.****2.**INSURANCE a single payment to an insured person if certain conditions are met:**• An endowment policy pays a capital sum to the insured at a specified time in the future.****ˌlump ˈsum**INSURANCEan amount of money given in a single payment:**• Accident victims can receive compensation payments in installments or as a lump sum.****• The early retirement plan offers four weeks' pay for every year of service, plus a****lump-sum payment**.**• The sum of the loans was nearly 360 billion yen.****3.**a simple calculation done by adding, multiplying, dividing etc:**• You will have to****do your sums**(= calculate all the amounts involved ) , because interest-free credit may not be the cheapest way to buy.*— see also*sum of the digits[m0]**▪**__II.__**sum**sum^{2}verb**summed**_{PTandPPX}**summing**_{PRESPARTX}**sum up**phrasal verb**1.**[intransitive, transitive]**sum something → up**to give the main information about a report, speech etc in a short statement:**• The report is 260 pages long, but its message can be summed up in three words: “Keep standards high”.****•****To sum up**, I suggest that if you are investing a sizeable amount for the first time, put it into two or three UK-based funds.**2.**[intransitive] LAW when a judge sums up, he or she makes a statement at the end of a trial giving the main facts of the trial:**• Summing up, the coroner praised the police for their investigation.*** * *

**sum**__UK____US__/sʌm/__noun__**►**[__C__]__MONEY__,__FINANCE__an amount of money: »»Share price slid by 1p to 142p fuelled by concerns that the company might offer too generous a sum for the proposed venture in India.

»The sale of Germany's biggest commercial TV operator

follows a bidding contest.*for an undisclosed sum*Banks may not be prepared to open an account if

is too small.*the sum involved***large/huge/enormous sums**»Restrictions have been imposed by the government on the movement of large sums of money out of the country.

**a small/modest/substantial sum**»A substantial sum has been set aside for litigation relating to the construction project.

**an additional/cash/final sum**»»The final sum an investor receives from a pension is dependent on the rate of investment growth.

*vast/huge/considerable sums***a sum of $8/£2,000/€1.2m, etc.**»Legislation approved yesterday will raise a much-needed sum of £300,000 for use on the roads.

**pay (out)/spend/invest a sum**»Deposits are non-recoverable cash sums paid just to reserve a property, with a further sum payable when contracts are exchanged.

**earn/receive/owe a sum**»Victims of an explosion at a chemical works are set to receive large sums in compensation.

**borrow/lend a sum**»First-time buyers are having to borrow huge sums to buy a home.

**►**[__S__] (**also****sum total**) the number or amount that is the result of adding together two or more numbers or amounts:**sum of sth**»In 2006, the sum of all income for residents of Colorado rose by 6.5%.

**►**[__C__]__UK__a calculation that involves adding, subtracting, multiplying, or dividing numbers: »»You need to

before deciding whether you would benefit more from a fixed-rate or a tracker mortgage.*do your sums*Amid the pressure to get their sums right, many funds have closed to new business.

**►**[__S__] (**also****sum total**) the whole of something after all the different features or parts of it are considered:**the sum of sth**»We believe that the sum of our business principles maximizes our chances of success.

*Financial and business terms.
2012.*