What does lump-sum amount mean?
A lump-sum payment is an amount paid all at once, as opposed to an amount that is divvied up and paid in installments.
What is an example of a lump-sum payment?
A lump sum payment is often associated with a single amount paid to acquire a group of items. For instance, a corporation might pay $50,000 for the inventory and equipment of a small manufacturer that is going out of business. The $50,000 is a lump sum payment.
What is another word for lump-sum?
In this page you can discover 7 synonyms, antonyms, idiomatic expressions, and related words for lump-sum, like: tax-free, sinking fund, reserve fund, lumpsums, annuity, non-superannuable and non-consolidated.
How do you calculate lump-sum?
You must use the mathematical formula: FV = PV(1+r)^n FV = Future Value PV = Present Value r = Rate of interest n = Number of years For example, you have invested a lump sum amount of Rs 1,00,000 in a mutual fund scheme for 20 years. You have the expected rate of return of 10% on the investment.
Which is better lump sum or monthly payments?
While an annuity may offer more financial security over a longer period of time, you can invest a lump sum, which could offer you more money down the road. Take the time to weigh your options, and choose the one that’s best for your financial situation.
How do you write lump sum in short form?
LPSM. Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia, Wikipedia.
How do you use lump sum in a sentence?
Lump-sum sentence example
- From A day, the maximum tax-free lump sum will be 25% of the value of the fund.
- If you survive the diagnosis for more than 28 days you will receive the Sum assured as a tax free lump sum .
- The final payment is a large lump sum of the remaining principal.
What is the opposite of lump sum?
What is the opposite of lump sum?
| annuity | installmentUS |
|---|---|
| grant | allotment |
| allocation | subsidy |
| subvention | appropriation |
| entitlement | allowance |
What is lump sum A and B?
Overview. Lump sum A and B payments cover unused annual leave or unused long service leave. When an employee leaves your organisation, you can adjust a lump sum A or B payment on their final payslip.
How do I invest in a lump sum?
There are two ways to invest this amount:
- Start a monthly SIP of an amount that you are comfortable with, and this could be Rs 10,000, Rs 20,000, or Rs 50,000. Let the money stay in your bank account till all of it gets invested systematically in the chosen equity funds.
- Invest the lump sum in a liquid fund.