英语词汇“sum certain”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

单词	sum certain
释义	sum certain sum certain n. a specific amount stated in a contract or negotiable instrument (like a promissory note) at the time the document is written. A sum certain does not require future calculation or the awaiting of future happenings. Example: "Wanda Williams will pay Wilma Jackson $10,000 for redecorating her house, including all costs," is a sum certain as compared to "Williams will pay Jackson for time (at the rate of $50 an hour) and costs of materials for redecoration of Williams' house." Sum Certain Sum Certain In law, a specific amount of money stated in a contract. For example, a company may agree to buy another for $10 million. The $10 million price is sum certain, as opposed to an agreement to buy the other company for whatever its market value happens to be when the deal is finalized.
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sum certain