lump sum
Pronunciation
/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

Grammatical Information
Animacy status
Inanimate
Plural form
lump sums
Examples
After winning the lottery, Sarah chose to receive her prize as a lump sum rather than in annual installments.
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