Statements (18)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:Financial_Term
|
| gptkbp:advantage |
Immediate access to full amount
No future income stream Potential for higher taxes |
| gptkbp:contrastsWith |
Installment Payments
|
| gptkbp:defines |
A single payment of money, as opposed to a series of payments made over time.
|
| gptkbp:example |
A contractor paid a fixed amount for a project.
A lottery winner receiving all winnings at once. |
| gptkbp:relatedTo |
gptkb:Annuity
gptkb:settlement Severance Pay |
| gptkbp:usedIn |
gptkb:insurance
Finance Pensions Construction Contracts |
| gptkbp:bfsParent |
gptkb:Bon_Iver
|
| gptkbp:bfsLayer |
6
|
| https://www.w3.org/2000/01/rdf-schema#label |
Lump Sum
|