Kokonaismaksuun

Kokonaismaksuun is a Finnish term used to describe the option of paying the full outstanding amount of a debt in a single lump-sum payment, rather than in installments. The concept is encountered in contexts such as tax administration, debt collection, and financial agreements, where authorities or lenders offer a settlement that settles the obligation in one payment.

Etymology and usage notes: the term combines kokonainen or kokonainen maksu with maksua, and the illative suffix -uun indicating direction toward the payment, yielding “toward the lump-sum payment.” In practice, kokonaismaksuun refers to a settlement arrangement in which the debtor clears the entire balance at once, potentially avoiding further interest, penalties, or fees that would accrue under ongoing installment plans.

Practical considerations: a lump-sum settlement may be offered by tax authorities, municipalities, or lenders as an alternative to installment repayments. When accepted, it can reduce the total amount due if future charges are waived or discounted, but it is not guaranteed for all obligations. Acceptance typically requires meeting specific conditions, such as paying by a defined deadline and obtaining an official settlement agreement. Not all debts are eligible, and some consequences or reporting requirements may apply.

Limitations: kokonaismaksuun availability varies by jurisdiction, type of debt, and the enforcing authority. Debtors should carefully review the terms, verify the total cost under the lump-sum arrangement, and consider any tax, reporting, or credit implications before proceeding.

See also: lasku (invoice), maksusuunnitelma (payment plan), velkasopimus (debt agreement).