WebDefinition: A lump-sum payment is a single payment of a large sum of money, rather than smaller payments over time. Example: When you win the lottery, you may have the option to receive your winnings as a lump-sum payment or as smaller payments over a period of years. This example illustrates the definition because it shows that a lump-sum ... WebLump Sum. definition. Lump Sum means the total sum which will have become payable to the Contractor by the Principal upon completion of the Works. Lump Sum means the Contractor has agreed to provide the Goods for the total price as set out in the Contract. Lump Sum means a single lump sum cash payment.

Lump sum Definition & Meaning - Merriam-Webster

Weba lump-sum payment made in place of several periodic payments that were required by a court order or written agreement, but were not yet due to be paid (a prepayment). However, the prepayment may be considered a support payment if it was made for the sole purpose of securing funds to the recipient. a lump-sum payment made under a written ... WebLump sum payment refers to a one-time large payment of money given to an employee, usually instead of a series of payments made over time. Lump sum payment has a … c 重载 重写

Lump sum - definition of lump sum by The Free Dictionary

WebApr 12, 2024 · from lump-sum payments, ranging between 0 to 100 percent. 2. Accordingly, you request that WHD opine on whether the CCPA’s garnishment limits apply to lump-sum payments. In follow up correspondence, you provided eighteen specific examples of the types of common lump-sum payments from employers to employees. … Weblump sum - a complete payment consisting of a single sum of money payment - a sum of money paid or a claim discharged Based on WordNet 3.0, Farlex clipart collection. © … Weban 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 … dj jaivane birthday mix 2020