Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “lump sum”

lump sum

noun [C, usually singular]
 
 
(also lump) FINANCE
an amount of money that is paid in one large payment on one occasion: She received a lump sum of €70,507 when she retired.be paid/taken as a lump sum The entire amount can be taken as a lump sum. If the pension is small, it may be paid as a one-off lump sum payment at age 65.
(Definition of lump sum from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of lump sum?
Add Cambridge dictionaries to your browser to your website

Definitions of “lump sum” in other dictionaries

Word of the Day

beer mat

a small piece of cardboard that you put under a glass to protect a table surface in a pub or bar

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More