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

  1. The insurance policy provided a lump sum payment in the event of a catastrophic illness.
  2. The lottery winner received a lump sum of $10 million after taxes.
  3. The severance package included a lump sum payout equivalent to six months' salary.
  4. He invested a lump sum in the stock market, hoping for a substantial return.
  5. The company offered a lump sum pension plan to eligible employees.
  6. The lump sum settlement allowed the victim to pay off his medical debts and start anew.
  7. The trust fund will distribute lump sum payments to the beneficiaries upon reaching a certain age.
  8. She withdrew a lump sum from her 401(k) to cover unexpected expenses.
  9. The lump sum contribution to the charity was tax-deductible.
  10. 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.