lump sum
noun
: an amount of money that is paid at one time : a single sum of money
The bonus is paid out in a lump sum.
take their winnings as a lump-sum payment
Examples of lump sum in a Sentence
Recent Examples on the Web
The woman chose to receive a one-time lump sum of about $2.7 million after taxes instead of annuity payments for the full amount.
—
Jennifer Rodriguez, Kansas City Star, 30 Jan. 2025
In these cases, employees may receive a lump sum as compensation for the elimination of the pension program.
—Rick Calabrese, Esq., Cpa, Co-Founder Of Advisory Firm Commonwealth M&a, CNBC, 29 Jan. 2025
Allen received a lump sum of $3,000,000 of his winnings on Friday, Jan. 10.
—Escher Walcott, People.com, 13 Jan. 2025
The resident of nearby Barney claimed their windfall Jan. 2 as a lump sum payout of $3,757,786, lottery officials said.
—Olivia Lloyd, Miami Herald, 3 Jan. 2025
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Jennifer Rodriguez, Kansas City Star, 30 Jan. 2025
In these cases, employees may receive a lump sum as compensation for the elimination of the pension program.
—Rick Calabrese, Esq., Cpa, Co-Founder Of Advisory Firm Commonwealth M&a, CNBC, 29 Jan. 2025
Allen received a lump sum of $3,000,000 of his winnings on Friday, Jan. 10.
—Escher Walcott, People.com, 13 Jan. 2025
The resident of nearby Barney claimed their windfall Jan. 2 as a lump sum payout of $3,757,786, lottery officials said.
—Olivia Lloyd, Miami Herald, 3 Jan. 2025
See all Example Sentences for lump sum
Dictionary Entries Near lump sum
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“Lump sum.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lump%20sum. Accessed 16 Feb. 2025.
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