LUMP-SUM Definition

Bookmark and Share

LUMP-SUM is an agreed upon sum of money, which is paid in full settlement all at one time.

Learn new Accounting Terms

AUTHORIZE / AUTHORIZATION is to give permission for. For example, a manager authorizes a transaction by signing a voucher authorizing the disbursement.

TOTAL CASH FROM OPERATIONS is a firm's net cash inflow resulting directly from its regular operations (disregarding extraordinary items such as the sale of fixed assets or transaction costs associated with issuing securities), calculated as the sum of net income plus noncash expenses that are deducted in calculating net income.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.