
Glossary
Technical FoundationsLump-Sum Payment
A lump-sum payment is a cash payment, typically a large amount, made as a single payment rather than in installments. Executive bonuses, for example, are paid in lump sums.
Lump-Sum Payment
A lump-sum payment is a cash payment, typically a large amount, made as a single payment rather than in installments. Executive bonuses, for example, are paid in lump sums.