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lump sum

lump sum

16 3.7
A single large payment that you get all at once instead of in smaller parts
  • noun
  • /lʌmp sʌm/
  • Specialized
translation icon : pago único
  • 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.

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Examples

  • When retiring, employees often have the option to take their pension as a lump sum instead of monthly payments.

  • 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?

  • 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.

  • 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.

  • 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

sum
vslump sum
141 1.0

An amount of money considered as a whole

is paid all at once rather than over multiple smaller payments
sum of money
vslump sum
48 1.0

A total amount of money

is paid once as a complete single payment rather than in installments

Antonyms

24 3.2

One part of the total cost paid regularly over time

How Complete

lump sum
  • Specialized
16 3.7
installment
  • US
24 3.2

Surface Forms

lump sum singular
lump sums plural

Morphology

lump + sum

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.