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

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Some who have been receiving benefits will receive lump sum payments of retroactive benefit increases. Bob Carlson, Forbes, 20 Feb. 2025 Debt settlement involves negotiating with creditors to accept a lump sum payment that is less than the total amount owed. Gabriel Rodriguez, Sacramento Bee, 20 Feb. 2025 Daniel chose to receive a one-time lump sum payment of $390,000 instead of the yearly payments of $25,000 a year for 20 years or life. Jennifer Rodriguez, Kansas City Star, 10 Feb. 2025 In Medicare Advantage, the government pays an upfront lump sum to private insurers, who then pay for all the same services that traditional Medicare covers. Anthony J. Principi, Boston Herald, 7 Feb. 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 26 Feb. 2025.

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