Lump sum

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Lump sum

A large one-time payment of money.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
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Sum Assured on Death/Terminal illness paid as Lump sum Benefit to the nominee and the policy terminates.
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Government has asked the citizens to lodge their complaints against charging of lump sum fee by the private schools on telephone number 051-5532287 and 03215243249.
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This is intended to help companies and employees with lump sum relocation allotments.
But, after a small period of confusion, it clarified the lump sum death benefits that would come under the rules: ?
But research shows if you shift the perspective of retirement investors from thinking "lump sum" to thinking "monthly payout," you have a better chance at selling that annuity--with two important caveats.
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