Definition of lump-sum payment in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is lump-sum payment? Meaning of lump-sum payment as a finance term. What does lump-sum payment mean in finance?
A lump sum payment is a one-time payment, often made in the form of cash. Learn what a lump sum payment is, how it is used, and the tax implications.
lump sumnoun plurallump sums Britannica Dictionary definition of LUMP SUM [count] :an amount of money that is paid at one time:a single sum of money The bonus is paid out in alump sum. [=it is paid out all at once] alump-sumpayment...
Define lump sums. lump sums synonyms, lump sums pronunciation, lump sums translation, English dictionary definition of lump sums. n. A single sum of money that serves as complete payment. lump′-sum′ adj. American Heritage® Dictionary of the English
Definition of lump sum noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Related to lump-sum: Lump-Sum Taxlump sum Medspeak-UKA one-off payout that one receives upon retirement with the NHS, which is equivalent to 3 times one’s annual pension.Medspeak-USA one-time payment—e.g., from the 401(k) plan made to a worker’s beneficiary in the event of ...
- Lump sum turnkey (LSTK) is a combination of the business-contract concepts of lump sum and turnkey. Lump sum is a noun which means a complete payment consisting...- occupy. The lump of labor fallacy is also known as the lump of jobs fallacy, fallacy of labour scarcity, fixed pie ...
Lump sum definition: a relatively large sum of money, paid at one time, esp in cash. See examples of LUMP SUM used in a sentence.
The meaning of LUMP SUM is an amount of money that is paid at one time : a single sum of money. How to use lump sum in a sentence.
Lump-Sum Distribution A one-time payment of the entire amount owed to another party. Examples of lump sum distributions include life insurance pay outs, or death benefits from a pension. It is important to note that, by definition, lump-sum distributions do not occur in annuities, as annuitie...