Summation is the addition of a set of numbers; the result is their sum. The "numbers" to be summed may be natural numbers, complex numbers, matrices, or still more complicated objects.
The summation of 1, 2, and 4 is 1 + 2 + 4 = 7. The sum is 7. Since addition is associative, it does not matter whether we interpret "1 + 2 + 4" as (1 + 2) + 4 or as 1 + (2 + 4); the result is the same, so parentheses are usually omitted in a sum. Finite addition is also commutative, so the order in which the numbers are written does not affect its sum.