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The phrase "lump sum payments" is correct and commonly used in written English.
It refers to a single payment made in a large, fixed amount, rather than being paid in smaller increments over a period of time. Example: "The company offers employees the option of receiving their bonus as a lump sum payment or as part of their regular paycheck."
Exact(25)
Late or lump sum payments do not count for PSLF.
The new judicial pensions include no lump sum payments.
— Mr. Feinberg will start making lump sum payments for what amounts to damages.
The four-year deal includes lump sum payments, as well as job security provisions.
One of the ifs is "if the government raises taxes by lump sum payments".
The principal from the mortgages is distributed in a series of lump sum payments or an annuity.
Similar(35)
Lump-sum payments shift all the risk to the individual.
But they also give workers lump-sum payments to cover inflation and for ratifying the deals.
It would be better to demand lump-sum payments over flexible time-periods.
Offering them lump-sum payments to go home has not worked.
Most cash-balance plans allow retirees to take their benefits as lump-sum payments.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com