lump sum

British  

noun

1. a relatively large sum of money, paid at one time, esp in cash

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Example Sentences

Back payments would be spread among 12 monthly installments beginning in July, rather than in a lump sum, according to a memo sent to suppliers on Valentine’s Day.

From The Wall Street Journal

In Medicare Advantage, the federal government pays insurers a lump sum to oversee medical benefits for seniors and disabled people.

From The Wall Street Journal

After 25 years of retirement — and despite several investment errors — the lump sum has grown to three times its initial amount.

From MarketWatch

Just be aware of the risks of giving 18-year-olds a lump sum.

From MarketWatch

The possible winner of Monday’s draw could choose between an annuitized prize of $1.6 billion or a lump sum of $735.3 million before taxes; if the winner is in California, state taxes are not imposed.

From Los Angeles Times