lump sum
- noun
- /lʌmp sʌm/
- Specialized
- We were able to settle the case for a lump sum amount of $80,000.
- lump sum payment
- lump sum payout
- receive a lump sum
These might be doled out over time, but often a lump sum was due up front.
- These might be doled out over time, but often a lump sum was due up front.
- FHA said FHA never requires A lump sum payment at the end of the forbearance.
- A big difference is that big frauds often take one large lump sum of money from investors.
- I was approached by his team and I was offered a lot of money, like a big lump sum of money and a few options.
- Whoever wins it this week can take the jackpot in installments, A lump sum or premium unleaded.
- Yes, it's a small lump lump sum, but you still can't beat that.
- If life could be saved, I'd take the lump sum.
Examples
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When retiring, employees often have the option to take their pension as a lump sum instead of monthly payments.
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We eventually settled the case for a lump sum payment of $150,000.00.
Blog text (16) -
And if you got that lump sum now, you can play for it, right?
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The banks now have a new lump sum of money to spend or do with as they like.
Blog text (34) -
I'll take the lump sum, Judge.
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Either the fees had to be raised, or those in need had to be paid a lump sum.
Academic text (1996) -
I have a friend who is dealing with the offer of a lump sum settlement.
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In the past, a writer would get a lump sum at the time the contracts were signed.
Blog text (24) -
In the cash option, the winner receives a large lump sum rather than annual installments.
Academic text (2004) -
They say to fishermen, ''If you want to get out of the industry, we'll give you a lump sum.''
Synonyms
An amount of money considered as a whole
A total amount of money
Antonyms
How Complete
Surface Forms
Morphology
The meaning 'a single complete payment' is directly derivable from combining 'lump' (a single mass or whole) with 'sum' (an amount of money): i.e. a sum paid as one lump rather than in parts. This compositional metaphor is transparent and cross-linguistically common, so a B1 learner who knows both words should be able to infer the MWE meaning.
Etymology
Lump sum comes from the image of one single lump of money that makes up the whole sum owed. So it means 'paid in one payment' rather than in several small payments.