lump-sum payment
One-time full amount
A lump-sum payment is a single payment of an entire amount owed, rather than installments spread over time.
Insurance settlements, retirement payouts, and legal awards often come as lump sums: She took the lump-sum payment instead of monthly checks.
The term emphasizes completeness—everything at once.
- contractual obligationEnforceable promise in agreement
- severance packageCompensation upon job termination
- insurance payoutCompensation from a policy
- death benefitPayment upon policyholder's passing
- pension payoutRegular payment to retirees
lottery winnings · cash settlement · capital allocation · tax refund · financial planning · wealth distribution · closing costs · legal settlement · debt reduction · risk mitigation · direct deposit · signing bonus · opportunity cost · fiscal policy · golden parachute · early retirement · inheritance
lump-sum paymentmonthly installments
periodic payments · payment plan · recurring payments · installment plan · annuity
lump-sum paymentpartial payment
Fraction of amount owed
down payment · deposit · progress payment · advance payment · retainer
lump-sum paymentroyalty payments
Compensation for intellectual property use
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