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 lucky winner claimed their prize at lottery headquarters Feb. 28 and opted for the lump sum payment, taking home $535,398.06 after taxes, according to the lottery.
—
Tanasia Kenney, Miami Herald, 4 Mar. 2025
The plan gave eligible employees of the Commonwealth Campuses the opportunity to take an early retirement from Penn State in exchange for a lump sum payment equal to a year’s salary.
—Michael T. Nietzel, Forbes, 25 Feb. 2025
One of the recent ideas for use of the savings is to send lump sum payments to taxpaying households across the U.S., though this is yet to be confirmed.
—Matt Robison, Newsweek, 25 Feb. 2025
But the money doesn't come as one lump sum at the start of a grant; instead, it's paid out in installments that vary depending on the grant type.
—John Timmer, Ars Technica, 29 Jan. 2025
See All Example Sentences for lump sum
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Tanasia Kenney, Miami Herald, 4 Mar. 2025
The plan gave eligible employees of the Commonwealth Campuses the opportunity to take an early retirement from Penn State in exchange for a lump sum payment equal to a year’s salary.
—Michael T. Nietzel, Forbes, 25 Feb. 2025
One of the recent ideas for use of the savings is to send lump sum payments to taxpaying households across the U.S., though this is yet to be confirmed.
—Matt Robison, Newsweek, 25 Feb. 2025
But the money doesn't come as one lump sum at the start of a grant; instead, it's paid out in installments that vary depending on the grant type.
—John Timmer, Ars Technica, 29 Jan. 2025
See All Example Sentences for lump sum
Cite this Entry
“Lump sum.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lump%20sum. Accessed 23 Mar. 2025.
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