lump sum

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lump sum

n.
A single sum of money that serves as complete payment.

lump′-sum′ adj.

lump sum

n
(Banking & Finance) a relatively large sum of money, paid at one time, esp in cash
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.lump sum - a complete payment consisting of a single sum of money
payment - a sum of money paid or a claim discharged
Translations
مَبْلَغ إجْمالي
paušál
engangsbeløb
átalány
heildargreiîsla
paušál
toplu para

lump sum

nsomma globale; (payment) → pagamento unico

lump

(lamp) noun
1. a small solid mass of no particular shape. The custard was full of lumps and no-one would eat it.
2. a swelling. She had a lump on her head where she had hit it.
3. a small cube-shaped mass of sugar.
verb
(usually with together) to treat or think of as (all) alike.
ˈlumpy adjective
containing lumps. lumpy custard.
ˈlumpiness noun
lump sum
an amount of money given all at once, not in parts over a period of time.
if you don't like it, you can lump it
whether you like the situation or not, you will have to endure it.
References in classic literature ?
One day the gratuitous imports will stop in consequence of the occurrence abroad of revolution and repudiation, fall in the rate of interest, purchase of industries by governments for lump sums, not reinvestable, or what not.
I won their gratitude by buying out all the hogs at the lump sum of sixteen pennies, which was rather above latest quotations.
Why, thirty thousand, lump sum, wouldn't buy for him right now what ten cents he was layin' up would have bought him, when he was a kid, in the way of candy an' peanuts or a seat in nigger heaven.
Scotty wept over his poor old mother in Edinburgh--a lady, he insisted, gently born-- who was in reduced circumstances, who had pinched herself to pay the lump sum to the ship-owners for his apprenticeship, whose sacrificing dream had been to see him a merchantman officer and a gentleman, and who was heartbroken because he had deserted his ship in Australia and joined another as a common sailor before the mast.
The three were paid seven francs in a lump sum for the night.
I would like to know now if I can sell back or give up the monthly payments in return for lump sums and by giving up the pensions altogether.
AS announced by the Chancellor George Osborne last September, from April 6, 2015, individuals will have the freedom to pass on their unused defined contribution (DC) pension savings to any nominated beneficiary when they die, and the current 55% tax charge that applies to lump sums paid from drawdown funds (when death occurs both before and after age 75) and uncrystallised funds (when death occurs after age 75) will be abolished.
With the cost of a full-service move continuing to rise, companies are cutting relocation expenses by using lump sums.
Lump sums taken out of pensions inherited from someone over 75 between April 2015 and April 2016 will be taxed at a transitional rate of 45%.
People think lump sums are bigger if the monthly equivalent is less than their actual monthly expenses.
The changes don't really affect those in final salary schemes and some of the changes have been made with immediate effect and some are proposed for April 2015 Explains Richard: "With immediate effect, if you are 60 or over and have one or more personal pension pots, each worth less than PS10,000, you now have the option to take up to three of these as 'Small Lump Sums.
Lump sums, when used sensibly, can give pensioners options to get their finances straight, paying off debt and reducing outgoings, funding essential home improvements, proviing money to invest or save for a rainy day or for fun things like the holiday of a lifetime.