Lump Sum

GPTKB entity

Statements (18)
Predicate Object
gptkbp:instanceOf 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.
https://www.w3.org/2000/01/rdf-schema#label Lump Sum
gptkbp:relatedTo gptkb:Annuity
gptkb:settlement
Severance Pay
gptkbp:usedIn gptkb:insurance
Finance
Pensions
Construction Contracts
gptkbp:bfsParent gptkb:Bon_Iver
gptkbp:bfsLayer 5