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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Reverse mortgages, which are available only to homeowners over 62, act in the opposite way a traditional mortgage does: the lender pays the homeowner a certain amount either every month or as a one-time lump sum. Andrea Riquier, USA Today, 18 May 2025 Instead of collecting a one-time lump sum payment of $3.7 million, the winner opted to receive his winnings as annual payments of about $182,000 for the next 30 years. Abigail Adams, People.com, 8 May 2025 Turner-Smith won’t get monthly spousal support but will get a lump sum payment. Elizabeth Ayoola, Essence, 5 May 2025 Settlements typically must be paid in a lump sum payment, which may be prohibitively expensive for many borrowers. Adam S. Minsky, Forbes.com, 5 May 2025 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 25 May. 2025.

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