Meaning of the word "lump sum" in English
What does "lump sum" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
lump sum
US /ˈlʌmp sʌm/
UK /ˈlʌmp sʌm/
Noun
1.
a single payment made at one time, as opposed to a series of smaller payments made over time
Example:
•
She received a lump sum payment after selling her house.
•
He chose to take his pension as a lump sum rather than monthly payments.
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