The phrase
"lumpsum amount" refers to a fixed and complete payment made at once, instead of being paid in parts or installments over time.
Full definition
Similar and related words and phrases are presented below.
«lumpsum»
«amount»
Related phrases
Sentences with «lumpsum amount»
- Sum assured / Guaranteed amount is paid as lumpsum amount in case life insured is diagnosed with any of the 40 listed Critical illnesses. (myinvestmentideas.com)
- This plan also provides lumpsum amount on maturity plus a life cover through the entire policy term. (comparepolicy.com)
- I have invested lumpsum amount of 10k @ 591 and 10k @ 571. (relakhs.com)
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sentences)