lump sum

A large one-time payment of money. Bloomberg Financial Dictionary

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lump sum lump sum sum1

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lump sum UK US noun [C, usually singular] (also lump)
an amount of money that is paid in one large payment on one occasion: »

She received a lump sum of €70,507 when she retired.

be paid/taken as a lump sum »

The entire amount can be taken as a lump sum.

»

If the pension is small, it may be paid as a one-off lump sum payment at age 65.


Financial and business terms. 2012.

Look at other dictionaries:

  • Lump sum — Lump Lump (l[u^]mp), n. [Cf. OD. lompe piece, mass. Cf. {Lunch}.] 1. A small mass of matter of irregular shape; an irregular or shapeless mass; as, a lump of coal; a lump of iron ore. A lump of cheese. Piers Plowman. This lump of clay. Shak.… …   The Collaborative International Dictionary of English

  • lump sum — lump sums N COUNT A lump sum is an amount of money that is paid as a large amount on a single occasion rather than as smaller amounts on several separate occasions. ...a tax free lump sum of ₤50,000 at retirement age …   English dictionary

  • Lump sum — is a one time payment of money, as opposed to a series of payments.ee also* Lump sum tax * Present value * Interest …   Wikipedia

  • lump sum — n an amount of money given in a single payment ▪ When you retire you ll get a lump sum of £80,000 …   Dictionary of contemporary English

  • lump sum — n. a gross, or total, sum paid at one time * * * …   Universalium

  • lump sum — n. a gross, or total, sum paid at one time …   English World dictionary

  • lump sum — n. A single payment of an entire amount due. See also installment The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • lump sum — noun count money in a single large payment rather than small separate payments …   Usage of the words and phrases in modern English

  • lump sum — ► NOUN ▪ a single payment made at one time, as opposed to many instalments …   English terms dictionary

  • lump sum — noun a complete payment consisting of a single sum of money • Hypernyms: ↑payment * * * lump sum noun A single sum of money in lieu of several • • • Main Entry: ↑lump * * * lump sum UK US noun [countable] [ …   Useful english dictionary

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