It is understood to be the latest
instalment of a sum of money to pay for Jarvis to take on two political advisers to help him develop a strategy.
Not exact matches
In a typical mortgage, you borrow
money in lump
sum right at the beginning and then pay it back over a period
of time using Equated Monthly
Instalments (EMIs).
An STP is a method through which you invest a lump
sum money via
instalments over a period
of time in equities.
Alternatively, you can opt for a combination
of the two: some
money as a lump
sum and some
money as monthly
instalments.