lump-sum payment

lump-sum payment

A payment of all principal and interest at the maturity of a promissory note.
References in periodicals archive ?
23, 2014 /PRNewswire/ -- With more companies offering relocating employees a lump-sum payment instead of a full-service package, Oasis Corporate Housing is launching a service to help recipients manage their move.
s former chief executive -- is eligible for the lump-sum payment.
Band members between the ages of 18 and 65 will can receive either an annual payment, for 16 years, of $1,500 or a one-time lump-sum payment of $20,000.
If the retirees are not interested in a lump-sum payment, they will continue to receive monthly pension payments from Prudential.
A recent survey discussed the merits of a lump-sum payment vis-a-vis periodical payments in compensation for service-incurred disability.
A change from a lump-sum payment to an annuity payment;
The lump-sum payment date must be at least five years after the final installment payment date.
The Veterans' Disability Benefits Commission has rejected a proposal that the Department of Veterans Affairs begin offering some veterans a lump-sum payment instead of lifetime monthly compensation.
Judge Adlai Hardin's decision came after a splinter group representing retired pilots formally withdrew its objection to the termination of the plan, which included an option for pilots to retire early at the age of 50 and take out half their entitlements in one lump-sum payment.
Once you contact the lender, they can allow payment delays, mortgage modification, and repayment plans, or they may negotiate a lump-sum payment (see sidebar).
Under the proposal, each former student would receive a lump-sum payment of $10,000, with a further $3,000 for each year attended.
Options include critical illness coverage that allows claimants who suffer illnesses ranging from cancer to quadriplegia to receive a lump-sum payment in addition to a monthly benefit.