lump sum
noun
: an amount of money that is paid at one time : a single sum of money
The bonus is paid out in a lump sum.
take their winnings as a lump-sum payment
Examples of lump sum in a Sentence
Recent Examples on the Web
His contract required a lump sum severance payment worth six months of his salary and a payout for any unused vacation days or sick leave if he was fired without cause.
—
Mary Ramsey, Charlotte Observer, 1 May 2025
The 65-year-old St. Johns County woman claimed her prize in Tallahassee as a lump sum of $640,000, officials said.
—Olivia Lloyd, Miami Herald, 28 Apr. 2025
Then, the employee might be eligible for a special tax break known as net unrealized appreciation (NUA) that involves taking a lump sum distribution of the stock and rolling over the rest of the 401(k) to an IRA.
—Bob Carlson, Forbes.com, 27 Apr. 2025
Most recipients receive their payments as a single monthly lump sum.
—Josh Hammer, MSNBC Newsweek, 21 Apr. 2025
See All Example Sentences for lump sum
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Mary Ramsey, Charlotte Observer, 1 May 2025
The 65-year-old St. Johns County woman claimed her prize in Tallahassee as a lump sum of $640,000, officials said.
—Olivia Lloyd, Miami Herald, 28 Apr. 2025
Then, the employee might be eligible for a special tax break known as net unrealized appreciation (NUA) that involves taking a lump sum distribution of the stock and rolling over the rest of the 401(k) to an IRA.
—Bob Carlson, Forbes.com, 27 Apr. 2025
Most recipients receive their payments as a single monthly lump sum.
—Josh Hammer, MSNBC Newsweek, 21 Apr. 2025
See All Example Sentences for lump sum
Cite this Entry
“Lump sum.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lump%20sum. Accessed 9 May. 2025.
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