English-Italian translations for lump sum

  • forfettarioLo stesso vale anche per il criterio del rimborso forfettario delle spese. The same goes for the rule on lump sums for expenses. Tale lamentela è tanto estrema, a volte, da portare a trarne come conseguenza che i Fondi strutturali in futuro siano auspicabili solo come una sorta di storno forfettario. This sometimes reaches the point where the conclusion is to say: 'In future, we will have the Structural Funds only as a sort of lump sum transfer.' Ebbene, semplicemente un risarcimento forfettario: 650 milioni di ECU da dividere tra 81 milioni di bovini, ovvero quasi 8 ECU per capo. Well, simply that we are going to compensate by a lump sum: ECU 650 million to be shared among 81 million cattle, which amounts to about ECU 8 per animal.

Definition of lump sum

  • A relatively large single payment of money often paid and received instead of, or in addition to, a sequence of smaller payments

Examples

  • When he retired, he received a lump sum plus a pension.

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