LUMPSUM

Lump sum

A lump sum is a single payment of money, as opposed to a series of payments made over time .

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lump sum

Noun

  1. A relatively large single payment of money often paid and received instead of, or in addition to, a sequence of smaller payments.
    "When he retired, he received a lump sum plus a pension."


The above text is a snippet from Wiktionary: lump sum
and as such is available under the Creative Commons Attribution/Share-Alike License.

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