amount to sth Meaning in Cambridge Business English Dictionary
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Meaning of "amount to sth " - Business English Dictionary

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amount to sth

phrasal verb with amount
 
 
/əˈmaʊnt/ verb
to become or add up to a particular amount: The savings would amount to several thousand dollars per family.
to be the same as something, or to have the same effect as something: He says the higher toll rates amount to an extra tax on drivers. The director gave what amounted to an apology on behalf of her company.
(Definition of amount to sth from the Cambridge Business English Dictionary © Cambridge University Press)
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