amount to


Also found in: Legal.

amount to something

 
1. Lit. [for someone or something] to become worthwhile or successful. I hope Charles amounts to something some day. I doubt that this business will ever amount to anything really profitable.
2. Fig. [for something] to be the equivalent of something. Why, doing this amounts to cheating! Your comments amount to treason.
3. and amount (up) to something [for a sum of money] to increase [to a large amount]. Is that everything you want to buy? That amounts to twenty dollars. These charges amount up to a lot.
See also: amount

amount to something

to be the same as something else A decrease in student aid amounts to an increase in tuition fees. She thought he was wrong to take what amounts to a stand against greater freedom.
Related vocabulary: add up to something
See also: amount

amount to

1. Add up, develop into, as in Even though she's careful with her money, her savings don't amount to much, or All parents hope that their children will amount to something. [Mid-1500s]
2. Be equivalent to, as in Twenty persons won't amount to a good turnout. [Late 1300s] Also see amount to the same thing.
See also: amount

amount to

v.
1. To add up to some number or quantity: I forgot to return the DVD on time, and the late charges amounted to almost $25.
2. To be understood as something: Your behavior amounts to an insult.
3. To be as important or valuable as some level of quality: They never thought I'd amount to anything, but look at me now! The facts I have so far don't amount to much. My parents never thought I'd amount to as much as my sister.
See also: amount
References in classic literature ?
It is not enough that a country should lose none of the money that forms its capital; you will not increase its prosperity by more or less ingenious devices for causing this amount to circulate, by means of production and consumption, through the greatest possible number of hands.
419 and 419A, an employer's deductible costs are limited to the "qualified direct cost" of the benefit(s) provided, a limited extra amount to fund incurred but unpaid claims, and a reserve for retiree benefits, reduced by any after-tax income the trust earned.
shareholder and FC1 became a CFC in 2001, USP would still be required to allocate any excess distribution amount to years in which FC1 was a CFC.
For an amount to be "taken into account," the employer must pay the applicable FICA tax.
Based on the aggregate amount paid for the respective Transactions for the six month period ended June 30, 2002 and the historical amounts paid for the respective Transactions, the Board considers that the aggregate annual amount to be paid by the Group to CS Air Group under the in-flight meals arrangements and ticket sales arrangements is also anticipated to be less than 3% of the book value of the Company's NTA in the relevant financial year.
465, the amounts borrowed can be used for an activity in calculating the at-risk amount to the extent that the taxpayer is personally liable for the repayment of such amount or has pledged assets not used in the activity as security for the borrowed amount.
those amounts set out in box 8 of the T2200), then it would not be deducted on line 8 of Form GST- 370E; the amount to be deducted on line 8 of Form GST-370E would be the amount in box 7 of the T2200 less the amount, if any, in box 8 of the T2200.
The amount to be paid by the Released Parties under the Settlement Agreement, which amount may be determined and paid at any time within sixty (60) days of the Effective Date, will be comprised of the sum of four amounts (the "Settlement Amount"): the principal payoff amount (approximately $647,270); accrued interest in the amount of $12,384.
For example, an IRA owner whose tax year-end is December 31 and who converts an amount to a Roth IRA in 2000 and then transfers the amount back to a traditional IRA on Jan.
Interest under the old methods and rates was to be computed through December 31, 1982, and then all tax, assessed penalty or addition to the tax, and all interest (whether or not assessed) was to be added together to determine the amount to be carried over on which daily interest would be charged under the compounding rules.
ITG's sales amount to approximately SEK 230M on an annual basis.
There is a relatively easy way for taxpayers who have made gifts in excess of the applicable exclusion amount to determine how much of this amount they can use in any given year in which there has been an incremental increase in the amount:
10, 1998, the new regulations require the annuity or unitrust amount to be paid within a reasonable time after the close of the tax year for which it is due, if the percentage used to calculate the annuity or unitrust amount is 15% or less.
Generally, a taxpayer who converts an amount from a traditional to a Roth IRA during 1998, then transfers that amount back via a recharacterization can reconvert that amount to a Roth IRA once, on or after Nov.