Also means
total sum
Usage Note
Monto means a total sum or amount of money and is the standard term in Latin American Spanish for importe or suma. In Spain, importe or cantidad are more typical in formal financial contexts. The verb montar shares the root and can mean 'to amount to' (monta a cien euros).
Examples
"El monto total de la deuda supera el millón de pesos."
Natural Translation
The total amount of the debt exceeds one million pesos.
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