Totals
Definitions
- (n.) The cumulative sums or aggregate amounts calculated from individual items, often used in accounting or financial contexts within legal documents.
The totals on the invoice must match the amounts agreed upon in the contract.
- (v.) Third-person singular present form of total, meaning to add up or sum amounts.
The auditor totals the expenses to verify compliance with financial regulations.
Forms
- total
Related terms
See also
Commentary
In legal drafting, "totals" often appear in financial statements and require precision to avoid disputes; ensure clarity whether it refers to aggregated figures or the act of summing.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.