Definition of "lump sum" [lump sum]

• A single sum of money that serves as complete payment. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "At the end of the five years the selector may pay in a lump sum the second moiety of rent, making the total 2 shillings 6 pence per acre, and he is thereupon entitled to the issue of a deed of grant of the land in fee-simple."
• "U.S. Army Garrison Grafenwöhr energy manager Aref Arianta is part of a group of Army officials who think Defense Department civilians should receive a lump sum for their utility costs."
• "Instead of a lump sum like the loans from the French king, the Dutch raised funds by a “subscription,” an offering from bankers in Amsterdam that had to be sold to individual investors who bought shares priced at a thousand florins apiece."