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   payment

   /ˈpeɪm(ə)nt/

   noun

   • 1. the action or process of paying someone or something or of being paid: "ask for a discount for payment by cash" Similar remittanceremissionsettlementdischargeclearanceliquidationreckoning
   • 2. an amount paid or payable: "a compensation payment of £2500" Similar instalmentpremiumamountremittancedepositretainersubscription
   • ▪ something given as a reward or in recompense for something done: "a suit with a velvet collar that I got as payment for being in the show" Similar salarywageswagepayearningsfee(s)remunerationtake-home paygross/net payratepricehirestipendemolument(s)honorariumallowancehandoutrecompensecompensationreimbursementrewardincomerevenueprofit(s)proceedstakingsgainlucre

   Word Origin late Middle English: from Old French paiement, from payer ‘to pay’.

   Scrabble Points: 14

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2. People also ask

   What does payment mean?

   • A payment is an amount of money that is paid to someone, or the act of paying this money. Thousands of its customers are in arrears with loans and mortgage payments. Payment is the act of paying money to someone or of being paid. 3. See also balance of payments, down payment Collins COBUILD Advanced Learner’s Dictionary.

   PAYMENT definition and meaning | Collins English Dictionary

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   When do you make a payment?

   • You make a payment when you give a sum of money in exchange for goods you have received. Talking about payment If payment is authorized, it is allowed by a bank. If payment is received by someone, they are paid for something. A method of payment is a way of paying for something. Collins COBUILD Key Words for Retail.

   PAYMENT definition and meaning | Collins English Dictionary

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   What is a method of payment?

   • If payment is received by someone, they are paid for something. A method of payment is a way of paying for something. Collins COBUILD Key Words for Retail. Copyright © HarperCollins Publishers

   PAYMENT definition and meaning | Collins English Dictionary

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   When is payment due?

   • Payment is due on the first of every month. Prompt payment of your bill ensures that you will not have to pay any additional fees. We require payment in advance for all goods purchased. a payment plan to reduce your debt cash, credit cards, and other methods of payment Our records show that we received a payment of $215.36 in May.

   Payment Definition & Meaning - Merriam-Webster

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   What is the difference between a paycheck and a payment?

   • Payment is the process of either giving money to someone, or of receiving money from someone. If you borrow money to buy a car, you'll be expected to make a monthly payment for several years. Your paycheck itself is a payment, and so is the act of your boss handing you that paycheck.

   Payment - Definition, Meaning & Synonyms | Vocabulary.com

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   What does pay mean?

   • something that is paid; pay; an amount paid; pay; compensation; recompense. the act of paying. pay. reward or punishment; requital. He worked 70 days straight, taking only the tips he made as payment.

   PAYMENT Definition & Meaning | Dictionary.com

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3. dictionary.cambridge.org › dictionary › englishPAYMENT | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › dictionary › english

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   Learn the meaning of payment as an amount of money paid or received, and see how to use it in different contexts. Find out the synonyms, collocations, and related words for payment in English.

4. www.merriam-webster.com › dictionary › paymentPayment Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › payment

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   Learn the meaning of payment as the act of paying, something that is paid, or requital. See synonyms, examples, word history, and related phrases of payment.

5. www.dictionary.com › browse › paymentPAYMENT Definition & Meaning | Dictionary.com

   www.dictionary.com › browse › payment

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   Payment is something that is paid, an amount paid, or compensation. Learn the origin, synonyms, and usage of the word payment with examples from various sources.

6. www.oxfordlearnersdictionaries.com › definitionpayment noun - Definition, pictures, pronunciation and usage ...

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   Learn the meaning, pronunciation and usage of the word payment in English. Find out the difference between payment as a noun and a verb, and see idioms and collocations with payment.

7. www.vocabulary.com › dictionary › paymentPayment - Definition, Meaning & Synonyms | Vocabulary.com

   www.vocabulary.com › dictionary › payment

   Payment is the process of either giving money to someone, or of receiving money from someone. If you borrow money to buy a car, you'll be expected to make a monthly payment for several years. Your paycheck itself is a payment, and so is the act of your boss handing you that paycheck.

8. www.collinsdictionary.com › dictionary › englishPAYMENT definition and meaning | Collins English Dictionary

   www.collinsdictionary.com › dictionary › english

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   Learn the meaning of payment as an amount of money paid or the act of paying, and see synonyms and examples of its usage. Find out how to pronounce payment and its word frequency in British and American English.

9. dictionary.cambridge.org › learner-english › paymentPAYMENT | definition in the Cambridge Learner’s Dictionary

   dictionary.cambridge.org › learner-english › payment

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   Learn the meaning of payment as a noun for the act or amount of money paid. See how to use payment in sentences and translations in different languages.