sum

Vocabulary Word

Definition

The term 'sum' is often used in mathematics and finance. It refers to the total amount you get when you add two or more numbers or quantities together.

Examples in Different Contexts

In financial analysis, the 'sum' can represent the aggregate of specific financial metrics. A financial analyst might say, 'The sum of our quarterly profits indicates a steady increase in our revenue streams, showcasing the effectiveness of our strategies.'

Practice Scenarios

Academics

Scenario:

In our next class, we'll learn about different geometric shapes. We'll learn how to calculate area and volume.

Response:

That's interesting! By adding all sides of a square, we can get the perimeter. Thus, the sum of sides helps to calculate area.

Accounting

Scenario:

Our quarterly report is due next week. We need to calculate all generated revenues and count every single expense.

Response:

Perfect, let's start by listing out all the invoices and the amounts, then we can calculate the sum for total revenue.