lump sum payment

Single full amount

A lump sum payment is a single payment of an entire amount owed, rather than a series of smaller installments.

Insurance settlements, lottery winnings, and retirement benefits often offer the choice between a lump sum and periodic payments: She took the lump sum rather than monthly checks.

The phrase emphasizes completeness—everything at once.

Related

golden parachute · buyout · cash · big check · check · inheritance · death benefit · lottery · bonus · early retirement · bulk · one-time · upfront · disbursement · compensation · retirement · jackpot · balloon

Categories
Opposites
payment structure

lump sum paymentinstallment payment

Periodic partial debt reduction

installments · payment plan · installment plan · periodic payments · structured settlement

payment regularity

lump sum paymentrecurring payment

Scheduled automatic charge

subscription · annuity · salary · perpetuity · monthly payments

Family

lump, payment, lumps, lumpy, lumpish, lumpiness, summed, summing, summation

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Used worldwide · Timeless · Everyday, not technical · Rated G