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
The winner will receive the prize as a one-time lump sum payment of about $693,000, according to lottery officials.
—
Abigail Adams, Peoplemag, 9 Nov. 2023
That’s one reason why some experts advise winners to take the annuity payout, as opposed to the cash lump sum.
—Alicia Adamczyk, Fortune, 4 Oct. 2023
The winner of Wednesday’s drawing will have the choice between a lump sum of $774.1 million or 30 annual installments totaling $1.765 billion, not including taxes.
—Nathan Solis, Los Angeles Times, 12 Oct. 2023
Whereas a home-equity loan gives you a lump sum of money, a Heloc acts more like a credit card.
—Tanza Loudenback, wsj.com, 11 Oct. 2023
There also was a $3,500 ratification bonus, no increase in weekly health care contributions, increased annual lump sum payments for retirees and a $1,000 annual 401(k) lump sum to offset health care costs for employees who don’t get health insurance after retirement.
—Tom Krisher, Fortune, 9 Oct. 2023
Receiving a massive lump sum of cash can be overwhelming, especially without the proper guidance from entertainment finance experts like CN Bank.
—Quincy Green, Billboard, 13 Oct. 2023
Historically, most grand prize winners have opted to receive the prize as a one-time, lump sum payment, according to the Multi-State Lottery Association.
—Arkansas Online, 28 Sep. 2023
For Wednesday’s drawing, the lump sum cash prize is worth $551,700,000 pretax, while the average lump sum payment is worth $40 million pretax per year for 30 years.
—Alicia Adamczyk, Fortune, 4 Oct. 2023
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Abigail Adams, Peoplemag, 9 Nov. 2023
That’s one reason why some experts advise winners to take the annuity payout, as opposed to the cash lump sum.
—Alicia Adamczyk, Fortune, 4 Oct. 2023
The winner of Wednesday’s drawing will have the choice between a lump sum of $774.1 million or 30 annual installments totaling $1.765 billion, not including taxes.
—Nathan Solis, Los Angeles Times, 12 Oct. 2023
Whereas a home-equity loan gives you a lump sum of money, a Heloc acts more like a credit card.
—Tanza Loudenback, wsj.com, 11 Oct. 2023
There also was a $3,500 ratification bonus, no increase in weekly health care contributions, increased annual lump sum payments for retirees and a $1,000 annual 401(k) lump sum to offset health care costs for employees who don’t get health insurance after retirement.
—Tom Krisher, Fortune, 9 Oct. 2023
Receiving a massive lump sum of cash can be overwhelming, especially without the proper guidance from entertainment finance experts like CN Bank.
—Quincy Green, Billboard, 13 Oct. 2023
Historically, most grand prize winners have opted to receive the prize as a one-time, lump sum payment, according to the Multi-State Lottery Association.
—Arkansas Online, 28 Sep. 2023
For Wednesday’s drawing, the lump sum cash prize is worth $551,700,000 pretax, while the average lump sum payment is worth $40 million pretax per year for 30 years.
—Alicia Adamczyk, Fortune, 4 Oct. 2023
See More
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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“Lump sum.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lump%20sum. Accessed 4 Dec. 2023.
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