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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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After 40 years with General Motors, Bambas chose a $300,000 lump sum payment but stopped receiving pension benefits. Elle Meyers, CBS News, 6 Dec. 2025 The winner visited the Lottery's headquarters to claim his prize, and opted to receive his winnings as a one-time lump sum payment of about $693,000, rather than annuity payments for the full amount. Charlotte Phillipp, PEOPLE, 1 Dec. 2025 Bonuses do not have to be wagered as a lump sum but will expire if not spent within seven (7) days of receipt. Tyler Everett, MSNBC Newsweek, 30 Nov. 2025 The new budget provision would provide the network with matching funds on a dollar-by-dollar basis instead of a lump sum once the total funds were raised. Anna Kleiber, jsonline.com, 20 Nov. 2025 See All Example Sentences for lump sum

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Cite this Entry

“Lump sum.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lump%20sum. Accessed 11 Dec. 2025.

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