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 periodicals archive ?
In the Social Security context, we are not the first to suggest that lump sum benefits could be used to replace the delayed retirement credit under Social Security.
"You don't fondle a wife's breast to detect lumps!" class="MsoNormalI took a full medical history from Avril, examined the lump, both breasts and axillae in greater detail and took a core biopsy of the lump.
All histopathological studies of incisional biopsy of breast lump were done by a single histopathological laboratory.
Consequently, a kind of lump solutions to (9) through the transformation u = 6[(ln f).sub.xx] and (10) is achieved as follows:
Arora said, "One of the first symptoms of breast cancer is formation of lumps in the breast.
Three years later, Shirley was recalled and tests showed the lump was at just 1/2 pre-cancerous stage.
The Treasury regulations provide that the present value of any accrued benefit paid to a participant as a lump sum may not be less than the amount calculated using a specified applicable interest rate and mortality tables.
Sutton's question is about the existence of (at least) a new lump or piece of matter which has as proper parts the lunch box and the sticker.
Tests by an independent lab for Cardiff's trading standards confirmed the ingredients in the lump - but could not confirm it had been in the Coke can.
Australian miner Rio Tinto was heard to have offered 62.5%-Fe basis Pilbara Blend lump at a premium of $0.132/dmtu over the October average of Platts 62% Fe IODEX assessments on globalORE.
Udder conformations with big or extremely positioned teats and droopy udders were linked to an increase in teat lesions, udder lumps, acute mastitis or slower growing lambs.