Lump Sum
Lump Sum Type: noun Pronunciation: /luhmp-suhm/ Also spelled or known as: LumpSum, Lump-Sum, One-Time Payment Plural: Lump-Sums Related: Flat Fee What does Lump Sum mean? A single one-time payment made in full rather than in installments for services, rights, etc. A Lump Sum payment is a one-time amount paid for services, rights, licensing, settlements, or […]