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 man chose to receive a lump sum of around $2.7 million and plans to invest it and start a company. Tj MacIas, Kansas City Star, 23 May 2024 With the latter, the winner receives just over half that amount as a lump sum payment. Raphael Romero Ruiz, The Arizona Republic, 21 May 2024 With this product, eligible people 62 and older can extract equity in a variety of ways, say through a lump sum. Ron Lieber, New York Times, 19 May 2024 Though participants can collect the money after each clean test, many opt for a lump sum after completing the 24-week program, Duff said. Angela Hart | Kff Health News, Los Angeles Times, 18 May 2024 The 82-year-old man chose to receive his prize as a lump sum amount of $1.3 million instead of annual payments. Jennifer Rodriguez, Kansas City Star, 12 May 2024 If the ticket owner decides to take a lump sum payment, the prize is $100.1 million before taxes. David J. Neal, Miami Herald, 8 May 2024 Regulating these groups is essential to building a state where everyone can afford housing, and where no one loses their home over the accumulation of fines, interest, attorney fees, and the inability to pay a lump sum. The Denver Post Editorial Board, The Denver Post, 3 May 2024 Sportsbet, which sponsored the competition, paid out the lump sum. Bob McNally, Outdoor Life, 1 May 2024

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.

Dictionary Entries Near lump sum

Cite this Entry

“Lump sum.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lump%20sum. Accessed 30 May. 2024.

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