Lumpsum Meaning In English
Lumpsum translation, meaning, definition, explanation and examples of relevant words and pictures - you can read here.
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Meaning
Investing in bulk
Example
Lumpsum is a method of paying the entire amount at once rather than in installments. This means that if an investor invests a lump sum in one go, he does not have to worry about installment dates for years to come and saves every month to invest. This plan is suitable for long term financial goals i.e. 10 years and more to pay off the amount.
Sentence
If an investor invests his entire money in a mutual fund, it is called lumpsum.
