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
Russell recently claimed his prize and chose to receive the winnings as a one-time lump sum payment of $390,000 instead of annuity payment of $25,000 a year for 20 years or life, whichever is great.
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Tanya Wildt, Detroit Free Press, 10 Aug. 2024
With the latter, the winner receives just over half that amount as a lump sum payment.
—Raphael Romero Ruiz, The Arizona Republic, 13 Aug. 2024
More:Where the biggest Michigan Lottery prizes in July were sold
The man recently claimed his prize and opted to receive a one-time lump sum payment of about $1.3 million instead of annuity payments for the full amount.
—Tanya Wildt, Detroit Free Press, 8 Aug. 2024
To equalize that, New College made a one-time lump sum payment in July 2023 — after the new board and president were in place — to 25 eligible faculty members who had not received those payments.
—Divya Kumar, Orlando Sentinel, 23 July 2024
See all Example Sentences for lump sum 
Tanya Wildt, Detroit Free Press, 10 Aug. 2024
With the latter, the winner receives just over half that amount as a lump sum payment.
—Raphael Romero Ruiz, The Arizona Republic, 13 Aug. 2024
More:Where the biggest Michigan Lottery prizes in July were sold
The man recently claimed his prize and opted to receive a one-time lump sum payment of about $1.3 million instead of annuity payments for the full amount.
—Tanya Wildt, Detroit Free Press, 8 Aug. 2024
To equalize that, New College made a one-time lump sum payment in July 2023 — after the new board and president were in place — to 25 eligible faculty members who had not received those payments.
—Divya Kumar, Orlando Sentinel, 23 July 2024
See all Example Sentences for lump sum
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'lump sum.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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Cite this Entry
“Lump sum.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lump%20sum. Accessed 8 Sep. 2024.
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