lump sum

Definitions (2)
Related Terms
1. Single large amount; not consisting of several smaller amounts or installments.
2. Price of an entire lot, or group of goods or services, where no breakdown is give for individual items.

Use 'lump sum' in a Sentence

The lump sum payment was to be expected by the contractual obligation that was enforced by the state so we could rely on that cash deposit.
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We would pay for the car in one lump sum, which was great because it would mean that we would not pay anything more on it.
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When the widow collected her husband's life insurance benefits, she had the option to collect all of it at once, in a lump sum, instead of receiving a monthly check for 20 years.
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