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 Lucky for Life top prize of $1,000 a day for life and second prize of $25,000 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, 11 Jan. 2026 The man, who recently collected his winnings from the Michigan Lottery headquarters, opted to receive the prize money in a one-time lump sum payment of approximately $693,000, as opposed to in yearly installments for the full amount, per the Michigan Lottery. Toria Sheffield, PEOPLE, 10 Jan. 2026 With debt forgiveness, the end goal is to come to an agreement with your creditors to pay less than the full balance in return for a lump sum payment on the account. Angelica Leicht, CBS News, 7 Jan. 2026 Those affected could pay a lump sum or spread it over five years. Nicole Nixon, Sacbee.com, 30 Dec. 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 14 Jan. 2026.

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