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- Dictionarypay·ment/ˈpām(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
- 2. an amount paid or payable: "an interim compensation payment of $2500" Similar
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an amount of money received by a person that has been owed to them, and especially money received by an employee because of a pay rise at an earlier time: The company refused to give them their full pension, sick pay and other back payments. See more. More examplesFewer examples.
1. : the act of paying. 2. : something that is paid : pay. 3. : requital. Synonyms. compensation. disbursement. giving. paying. remitment. remittance. remuneration. See all Synonyms & Antonyms in Thesaurus. Examples of payment in a Sentence. Payment is due on the first of every month.
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: something that is paid; an amount paid; compensation; recompense.. See examples of PAYMENT used in a sentence.
3 meanings: 1. the act of paying 2. a sum of money paid 3. something given in return; punishment or reward.... Click for more definitions.
Definition of payment noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Define payment. payment synonyms, payment pronunciation, payment translation, English dictionary definition of payment. n. 1. The act of paying or the state of being paid. 2. An amount paid: received a large payment. 3. One's due, reward, or punishment; requital.
Definition of payment – Learner’s Dictionary. payment. noun. uk / ˈpeɪmənt / us. payment noun (ACT) Add to word list. the act of paying: They will accept payment by credit card. Fewer examples. Students are exempted from payment. They received a final demand for payment. The company has decided to withhold payment until the job has been finished.
payment an amount of money that you pay or are expected to pay; the act of paying: ten monthly payments of $50 payment in advance; premium an amount of money that you pay once or regularly for an insurance policy; an extra payment added to the basic rate; a higher amount of money than usual: an insurance premium a premium for express delivery
Apr 30, 2024 · Payment is the transfer of money or goods and services in exchange for a product or service. Payments are typically made after the terms have been agreed upon by all...
