What is Lump sum payment?
Answers were Sorted based on User's Feedback
Answer / laddu
lump sum payment is a general term.it has no different
meaning in the sap.exact meaning of lumpsum is full payment.
Is This Answer Correct ? | 5 Yes | 1 No |
Answer / sunil madhogarhia
Correct. Depending on context, it means 1)payment of a
round figure, or 2)payment in full and final settlement
or 3)Down payment (sometimes referred to) in case of
instalment scheme
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / uday
lump sum payment is a general term.it has no different
meaning in the sap.exact meaning of lumpsum is full payment
at a time or in a single payment.
Is This Answer Correct ? | 1 Yes | 1 No |
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