Lump sum

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Lump sum

A large one-time payment of money.

Lump Sum

A large amount of money one spends at once, especially to make a large purchase. For example, if a house costs $175,000, and the buyer pays the total amount up front, the buyer is said to make a lump sum payment.

Lump sum.

A lump sum is an amount of money you pay or receive all at once rather than in increments over a period of time.

For example, you buy an immediate annuity with a single lump-sum payment. If you receive the face value of a life insurance policy when the insured person dies, or receive the full value of your retirement account, those payments are also lump sums.

References in classic literature ?
you should hear Miss Twinkleton,' often nodding her head, and much enjoying the Lumps, 'bore about them, and then you wouldn't ask.
With the lump premium tending to be 15% to 30% of the total price and spot trading of iron ore increasingly more active, market participants have been eagerly awaiting new derivatives contracts as a means of mitigating physical trading risk through hedging in lump.
Researchers claim people who invest lump sums in the stock market typically get better returns over the long term than those who make regular contributions.
Someone who invested pounds 50 a month into the average investment trust during the year to the end of April would have seen the value of their holding fall by 7% to pounds 558, considerably better than the 30% loss to pounds 419 suffered by someone who invested a lump sum of pounds 600 in April 2008.
Currently, although you don't have to buy an annuity with your pension pot, you are not allowed to withdraw it all as a lump sum unless it falls under specific rules governing "small pots".
Eligible participants will be given an option to select a lump sum payment or to maintain their existing benefit.
com/PetplanUK QIS it normal for my 14 year old German Short Haired Pointer to have lumps on his body?
Replacing monthly disability compensation payments with a one-time, lump sum payout, as some have suggested, might save the Department of Veterans Affairs money and reduce the claims backlog, but would it be good for veterans?
Council leader Dennis Harvey and the five other councillors who serve on the council's Cabinet are, in addition, being recommended for an extra pounds 300 lump sum per year for mobile phones, which are provided by the authority.
But perhaps the most interesting changes concern the tax free lump sum.
If you have detected a lump or noticed a change in the appearance of your breast, go and see your GP as soon as possible.