Lump sum payment defined.
Nev. Rev. Stat. § 31A.017
in effectLump sum payment means:
1. A commission;
2. A discretionary or nondiscretionary bonus;
3. A productivity or performance bonus;
4. Profit sharing;
5. A referral or sign-on bonus;
6. An incentive payment for moving or relocation;
7. An attendance award;
8. A safety award;
9. A cash payment award;
10. Termination pay;
11. Severance pay; and
12. Any other one-time, unscheduled or irregular payment of compensation.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-031A.htmlFetched: 10/4/2026