lump sum
lump
lʌmp
lamp
sum
sʌm
sam
/lˈʌmp sˈʌm/

Definition & Meaning of "lump sum"in English

Lump sum
01

a single, large payment made in full, instead of smaller payments made over time

Examples
After winning the lottery, Sarah chose to receive her prize as a lump sum rather than in annual installments.
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