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Lump sum   /ləmp səm/   Listen
Lump sum

noun
1.
A complete payment consisting of a single sum of money.






WordNet 3.0 © 2010 Princeton University








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"Lump sum" Quotes from Famous Books



... at once, receives his ten thousand, with which he can do what he pleases; but if he prefers, for example, to receive it in ten yearly instalments of 1,000 dollars, he has a right to ten premiums of 20 dollars each, which will be paid to him in a lump sum of 200 dollars as an eleventh instalment. If he wishes the payment to be in fifty instalments of 200 dollars, then his premiums will amount to fifty times twenty dollars—that is, to 1,000 dollars—which will be paid in five further instalments of 200 dollars. The national debt ...
— Freeland - A Social Anticipation • Theodor Hertzka

... necessary to help carry out their respective strategic restructuring plan described in subsection (b), make voluntary separation incentive payments to employees. Any such payment— (1) shall be paid to the employee, in a lump sum, after the employee has separated from service; (2) shall be paid from appropriations or funds available for the payment of basic pay of the employee; (3) shall be equal to the lesser of— (A) the amount the employee would ...
— Homeland Security Act of 2002 - Updated Through October 14, 2008 • Committee on Homeland Security, U.S. House of Representatives

... attention and make a great stir she foresaw, and for many reasons she would like to bring this about. Mrs. Hilbrough did not analyze her motives; that would have been tiresome. She entered them all up in a sort of lump sum to the credit of her religious zeal, and was just a little pleased to find so much of her early devotion to religion left over. Let the entry stand as she made it. Let us not be of the class unbearable who are ever trying to dissipate ...
— The Faith Doctor - A Story of New York • Edward Eggleston

... the least shade extravagant too. He had found a poet even more unpopular, more impecunious than himself, a youth with no balance, and no power to right himself when he toppled over; and he had given him a hundred pounds in one lump sum to set him on his legs again. And on the top of that he had routed out a tipsy medical student from a slum, and "advanced him," as the medical student put it, twenty pounds ...
— The Creators - A Comedy • May Sinclair

... imposed on Germany under the present Treaty; for the money exactions which formed part of the settlement after previous wars have differed in two fundamental respects from this one. The sum demanded has been determinate and has been measured in a lump sum of money; and so long as the defeated party was meeting the annual instalments of cash no consequential interference ...
— The Economic Consequences of the Peace • John Maynard Keynes

... else," put in Mr. Carter quickly. "In the world of business, people cannot expect to get something for nothing. What you can't pay for you can't have. If the school has no money—" he broke off with a significant gesture. "Now if I offered you fellows a lump sum in June—a sum you could divide amongst you as you saw fit—wouldn't that be a perfectly fair and ...
— Paul and the Printing Press • Sara Ware Bassett

... amounted to $105,598, forty per cent of which was done by the bakery. Since 1915 the rebates to members on patronage have totaled $8,207, fluctuating from nothing at all in some years to eight per cent and ten per cent in other years. During this period the lump sum saved to purchasers, including rebates, the earnings on stock shares, and reserve fund, amounted to $12,642. This sum would have gone into the pockets of private storekeepers except for ...
— Consumers' Cooperative Societies in New York State • The Consumers' League of New York



Words linked to "Lump sum" :   payment



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