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lumpsum

 

Definitions from the Web

Lumpsum

Definition:

Lumpsum refers to a fixed amount of money that is paid all at once, rather than in installments or on a recurring basis.

Example Sentences:

  1. He received a lumpsum of $10,000 as a bonus for his exceptional performance.
  2. The insurance company offered a lumpsum payout instead of monthly payments.
  3. Instead of receiving a small allowance each month, she opted for a lumpsum inheritance.

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