Phrases with «lump payment»

A lump payment refers to a single payment made all at once, rather than in separate installments over time. It's a one-time payment for something, like a bill or a large purchase. Full definition

Related phrases

Sentences with «lump payment»

  • Most companies will charge small fees for the processing of monthly premiums, and these fees can be avoided by simply making lump payments. (rentersinsurance.net)
  • This kind of lump payment will result in smaller amounts of processing for the provider, and they will pass some of their savings onto the customer. (rentersinsurance.net)
  • My summer internship has left me with a single lump payment that is about 2x my yearly expenses. (money.stackexchange.com)
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