Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. A single sum of money that serves as complete payment.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A relatively large single payment of money often paid and received instead of, or in addition to, a sequence of smaller payments.

from the GNU version of the Collaborative International Dictionary of English

  • n. a single sum paid once in satisfaction of a claim, as contrasted with the alternate choice of several payments over a period of time; -- sometimes allowed, e.g., as an alternative to periodical pension payments for a lifetime.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. a complete payment consisting of a single sum of money

Etymologies

Sorry, no etymologies found.

Examples

  • If money is withdrawn in a lump sum from an employer’s retirement plan, the averaging-method option reduces your taxes to a minimum.

    MORE WEALTH WITHOUT RISK

  • At the end of the five years the selector may pay in a lump sum the second moiety of rent, making the total 2 shillings 6 pence per acre, and he is thereupon entitled to the issue of a deed of grant of the land in fee-simple.

    The Confessions of a Beachcomber

  • When I went to Mr. Longman with my next novel, The Three Clerks, in my hand, I could not induce him to understand that a lump sum down was more pleasant than a deferred annuity.

    Autobiography of Anthony Trollope

  • U.S. Army Garrison Grafenwöhr energy manager Aref Arianta is part of a group of Army officials who think Defense Department civilians should receive a lump sum for their utility costs.

    Stars and Stripes

  • Instead of a lump sum like the loans from the French king, the Dutch raised funds by a “subscription,” an offering from bankers in Amsterdam that had to be sold to individual investors who bought shares priced at a thousand florins apiece.

    Robert Morris

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