, omtun.com Granny Omtun helps you reach customers. 1  The weaving process is a brilliant human invention and it can be used for anything from a woven label to a t-shirt. 2  For example, here is how the woven label is made: 3  The looms weave polyester yarns, recreating the logo submitted by the client in the form of artwork.
What is a 'Lump-Sum Payment'. A lump-sum payment is a one-time payment for the value of an asset such as an annuity or another retirement vehicle. A lump-sum payment is usually taken in lieu of recurring payments distributed over a period of time.
A Lump Sum Contract is a contract under which an owner agrees to pay a contractor a specified contracted amount for completing work, and the contractor is responsible for completing the project within the agreed fixed cost set forth in the contract under the contractorâs financial risk. Share this: