lump-sum payment

lump-sum payment

A payment of all principal and interest at the maturity of a promissory note.
References in periodicals archive ?
The lump-sum payment for 2,080 compensated hours will range from $515 to $614, varying by job grade.
Under the terms of that agreement, Terra received a lump-sum payment of $25 million and shares in a percentage of cash gross profits generated from Beaumont sales.
The committee reports to the Act clarify that single sum payments - for example, a lump-sum payment of a portion of a participant's accrued benefit at retirement - will be allowed rollover treatment even though the balance of the benefit will be paid in equal monthly payments.
The annual lump-sum payment will equal 3 percent of the retiree's regular annual pension for each year of service, up to 15 years.
She could have received her winnings in 30 annual installments of approximately $200,000(i) per year, but instead chose a lump-sum payment of $3,759,085.
She could have received her winnings in 30 annual installments of approximately $200,000(a) per year, but instead chose a lump-sum payment of $3,574,528.
Unisys Corporation (NYSE: UIS) has completed a lump-sum offer for eligible former associates who have deferred vested benefits under the company's US pension plan to receive the value of their entire pension benefit in a lump-sum payment.
The agreement allowed Talecris to make an upfront, lump-sum payment to Wintermans as reimbursement for a portion of the project costs that would reduce monthly rental payments.
and Kia Motors are also offering an option of a lump-sum payment.
s former chief executive -- is eligible for the lump-sum payment.
If an individual elects to receive the lump-sum payment, the company's pension obligation to the individual will be settled.
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.