When we refer to a paltry sum, we usually describe a meager amount or an insignificant fraction of the total value. However, there are several synonyms for the term that can be used in different contexts. For instance, we can use the phrase "petty cash" to describe a small amount of money that companies allocate for minor expenses. We also have the word "trifle," which describes a small and insignificant amount. We can also use the term "pittance" to describe a small sum of money that is barely enough to cover basic expenses. Lastly, we can use the phrase "nominal fee" to describe a small fee charged for a service or product. Regardless of the synonym chosen, it's important to reflect the precise meaning and context of the phrase.