- lump-sum payment
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n. A payment made once in a single amount, as opposed to smaller payments over time.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
lump-sum payment
Look at other dictionaries:
lump sum payment — ˌlump ˈsum [lump sum lump sums] (also ˌlump ˌsum ˈpayment) noun an amount of money that is paid at one time and not on separate occasions • S … Useful english dictionary
Lump-Sum Payment — A one time payment for the total or partial value of an asset. A lump sum payment is usually taken in lieu of recurring payments that would otherwise be received over a period of time. The value of a lump sum payment is generally less than the… … Investment dictionary
lump-sum payment — A single payment in contrast to installments; e.g. single premium payment for life insurance; a single lump sum divorce settlement; or single worker s compensation payment in lieu of future monthly installment payments. See also alimony … Black's law dictionary
lump-sum payment — A single payment in contrast to installments; e.g. single premium payment for life insurance; a single lump sum divorce settlement; or single worker s compensation payment in lieu of future monthly installment payments. See also alimony … Black's law dictionary
lump sum payment — payment of one large sum of money at one time … English contemporary dictionary
lump-sum payment — A payment in one sum, as distinguished from payment in instalments or at intervals … Ballentine's law dictionary
lump sum — noun a complete payment consisting of a single sum of money • Hypernyms: ↑payment * * * lump sum noun A single sum of money in lieu of several • • • Main Entry: ↑lump * * * lump sum UK US noun [countable] [ … Useful english dictionary
lump sum — A large one time payment of money. Bloomberg Financial Dictionary * * * lump sum lump sum ➔ sum1 * * * lump sum UK US noun [C, usually singular] (also lump) ► an amount of money that is paid in one large payment on one occasion: »She … Financial and business terms
lump-sum settlement — The payment of an entire debt all at once rather than in installments; the payment of a set amount of money to satisfy a pecuniary obligation that might otherwise continue indefinitely. Dictionary from West s Encyclopedia of American Law. 2005.… … Law dictionary
lump sum order — an order for payment of a single sum. In a divorce action the court has the power to make an order for the payment of a capital sum or the transfer of property. Such an order can be made at the date of the divorce or within a period specified by… … Law dictionary
