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Nov 25, 2014 at 22:01 comment added itsbruce @user568458 Summary is more formal, but it does not capture the requirement for explicit loss of accuracy. A summary may capture all of the salient points while omitting only the trivia, and still be much shorter than the original description. Your practice may differ, but when I write a summary, I seek metaphor or succinctness which expresses clearly all salient meaning. Any loss of detail is then trivial.
Nov 25, 2014 at 17:21 comment added user56reinstatemonica8 ...and also, 'summary', which you mentioned, does the same job, and is a little more formal and is common in a business/professional setting ('sketch' is a bit of an informal analogy)
Nov 25, 2014 at 16:48 history answered itsbruce CC BY-SA 3.0