Welche Bedeutung steckt hinter der hier vorgestellten Vokabel aus dem Bereich Human Resources?

'Our policy on company pensions is this: at the age of 50, you can decide to have your pension money paid out in yearly instalments, or immediately as a lump sum.' 'To retire at 50 would be luxury!'

a lump sum

Do you know what it means?

• a smaller amount but in one payment
• a direct transfer to one's partner's account
• the whole amount in one payment