Lump sum payment

{
  "id": "MLC-T-FIN-000232",
  "term": "Lump sum payment",
  "field": "Finance and investing",
  "term_source": "Lump Sum Payment",
  "definition": "A payment of a sum of money at one time, such as an inheritance.\n\nLump sum payments can also be referred to as lump sum payouts or financial windfalls. A lump sum payment can come in the form of a bonus from your job, an insurance claim or settlement, a tax refund, an inheritance, or even winning the lottery.",
  "references": [
    "SEC Investor.gov Glossary"
  ],
  "url": "https://mlchart.com/terminology/finance/lump-sum-payment/"
}