Lump sum

A Single payment for the total amount due, as opposed to a Series of periodic payments.

Related Terms: 3 PPO, Series, Single

Other Related Pages: Category: Lending_and_Credit Starting With: L

Additional Related Terms: Allowance for depreciation, Average collection period, Accrual of discount, Amortization of premium, All or any part, Abstract of title, Action to quiet title, As is, Assignment to creditors, Attorney in fact