Business / Taxes / Lump Sum: A lump sum is an amount of money you pay or receive all at once rather than in increments over a period of time. For example, you buy an immediate annuity with a single lump-sum payment. Or, if you receive the face value of a life insurance policy when the insured person dies, or receive the full value of your retirement account, those payments are also lump sums.
Lump Adjective Synonyms: mass, piece, gob, gobbet, clod, chunk, clot, wad, clump, hunk, nugget, cube, wedge, cake
Sum Adjective Synonyms: total, aggregate, grand total, sum total, whole, totality, amount, quantity
Business / Taxes / Lump-Sum Distribution: When you retire, you may have the option of taking the value of your pension, salary reduction, or profit-sharing plan in different ways. For example, you might be able to take your money in a series MORE
Business / Agriculture / Agriculture And Consumer Protection Act Of 1973: P.L. 93-86 (August 10, 1973) was the 4-year farm bill that adopted target prices and deficiency payments as a tool that would support farm income but reduce forfeitures to the Commodity Credit Corpora MORE