lump sum

Definition
A single payment for the total amount due, as opposed to a series of periodic payments.




lump sum is ...
... part of the
Lending & Credit subject.


Related Terms

single-premium life insurance -
balloon loan -  More
457 plan -  More
forward averaging, non-qualified retirement plan, self-amortizing mortgage, seller's points, settlement options, balloon payment, home equity, nonperiodic distribution, Monthly Investment Plan (MIP)


lump sum appears in these other terms

lump sum distribution


lump sum appears in the definitions of these other terms on BusinessDictionary.com

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