lump sum (Meaning)
Wordnet
lump sum (n)
a complete payment consisting of a single sum of money
Synonyms & Antonyms of lump sum
No Synonyms and anytonyms found
lump sum Sentence Examples
- The insurance policy provided a lump sum payment in the event of a catastrophic illness.
- The lottery winner received a lump sum of $10 million after taxes.
- The severance package included a lump sum payout equivalent to six months' salary.
- He invested a lump sum in the stock market, hoping for a substantial return.
- The company offered a lump sum pension plan to eligible employees.
- The lump sum settlement allowed the victim to pay off his medical debts and start anew.
- The trust fund will distribute lump sum payments to the beneficiaries upon reaching a certain age.
- She withdrew a lump sum from her 401(k) to cover unexpected expenses.
- The lump sum contribution to the charity was tax-deductible.
- The divorce settlement included a lump sum payment to compensate the spouse for lost income.
FAQs About the word lump sum
a complete payment consisting of a single sum of money
No synonyms found.
No antonyms found.
The insurance policy provided a lump sum payment in the event of a catastrophic illness.
The lottery winner received a lump sum of $10 million after taxes.
The severance package included a lump sum payout equivalent to six months' salary.
He invested a lump sum in the stock market, hoping for a substantial return.