lump sum

noun

: an amount of money that is paid at one time : a single sum of money
The bonus is paid out in a lump sum.
take their winnings as a lump-sum payment

Examples of lump sum in a Sentence

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In lean Laguna Woods, the city council made six extra lump sum payments to erase its unfunded pension liabilities since 2017. Teri Sforza, Oc Register, 18 July 2025 Part of Transportation Secretary Duffy's plan to staff up the workforce includes $5,000 bonuses for recent academy graduates and lump sum payments to encourage controllers eligible for retirement to stay on the job longer. Joel Rose, NPR, 17 July 2025 Payments are administered in one lump sum for most recipients, but because of the large number of recipients, not every claimant receives their payment on the same date each month. Aliss Higham, MSNBC Newsweek, 9 June 2025 Two more state employee bargaining units declared have an impasse with Gov. Ned Lamont’s administration after the Executive Branch offered $2,000 lump sum bonuses in lieu of raises. Keith M. Phaneuf, Hartford Courant, 9 July 2025 See All Example Sentences for lump sum

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“Lump sum.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lump%20sum. Accessed 6 Aug. 2025.

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