Lump sum

noun

noun ·Rare ·Advanced level

Definitions

Noun
  1. 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."

  2. 2
    a complete payment consisting of a single sum of money wordnet

Example

More examples

"When he retired, he received a lump sum plus a pension."