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

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Winners of the Millionaire for Life top prize of $1,000,000 a year for life and second prize of $100,000 a year for life can decide to collect the prize for a minimum of 20 years or take a lump sum cash payment. Staff Reports, The Providence Journal, 26 Mar. 2026 The woman recently claimed her prize and opted to receive a one-time lump sum payment of about $832,000 instead of annuity payments for the full amount. Tanya Wildt, Freep.com, 26 Mar. 2026 But the effective raise is 5%, given annual step increases and lump sum payments for workers at the top of the pay scale. Mark Pazniokas, Hartford Courant, 26 Mar. 2026 That winner can choose between annuity payments spread over 30 years or a one‑time lump sum of about $118 million. Fernando Cervantes Jr, USA Today, 22 Mar. 2026 See All Example Sentences for lump sum

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“Lump sum.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lump%20sum. Accessed 1 Apr. 2026.

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