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 With the latter, the winner receives just over half that amount as a lump sum payment. Shelby Slade, The Arizona Republic, 2 Oct. 2024 Winners have the option of taking annual $25,000 payments for a minimum of 20 year or life, whichever is greater, or a one-time lump sum cash payment of $390,000. Tanya Wildt, Detroit Free Press, 26 Sep. 2024 The winner now has to choose between receiving the full $800 million payout split across 30 annual installments, or a lump sum cash prize of $404.2 million—usually the popular pick among winners. Siladitya Ray, Forbes, 11 Sep. 2024 In 2022, the players and the U.S. Soccer Federation settled the lawsuit where players would receive a lump sum payment of $22 million. Lea Veloso, StyleCaster, 3 Sep. 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 10 Oct. 2024.

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