Found 2 items, similar to lump sum.
English → English (WordNet)
Definition: lump sum
lump sum
n : a complete payment consisting of a single sum of money
English → English (gcide)
Definition: Lump sum
Lump
\Lump\ (l[u^]mp), n. [Cf. OD. lompe piece, mass. Cf.
Lunch.]
1. A small mass of matter of irregular shape; an irregular or
shapeless mass; as, a lump of coal; a lump of iron ore.
“
A lump of cheese.” --Piers Plowman.
“ This lump of
clay.” --Shak.
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2. A mass or aggregation of things.
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3. (Firearms) A projection beneath the breech end of a gun
barrel.
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In the lump,
In a lump, the whole together; in gross.
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They may buy them in the lump. --Addison.
Lump coal, coal in large lumps; -- the largest size brought
from the mine.
Lump sum,
(a) a gross sum without a specification of items; as, to
award a lump sum in satisfaction of all claims and
damages.
(b) a single sum paid once in satisfaction of a claim, as
contrasted with the alternate choice of several
payments over a period of time; -- sometimes allowed,
e.g., as an alternative to periodical pension payments
for a lifetime.
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