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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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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.
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. Fewer examples. Ordinarily, we send a reminder about a month before payment is required.
an amount of money received by a person that has been owed to them, and especially money received by an employee because of a raise at an earlier time: The company refused to give them their full pension, sick pay and other back payments. See more. Fewer examples. Ordinarily, we send a reminder about a month before payment is required.
Aug 29, 2024 · Payment, the performance of an obligation to pay money. A person under such an obligation is called a debtor, and a person to whom the obligation is owed is called a creditor. The obligation may arise in various ways, but it is most commonly the result of a commercial transaction or contract between the parties.
Payment definition: something that is paid; an amount paid; compensation; recompense.. See examples of PAYMENT used in a sentence.
Definition of payment noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
payment noun (AMOUNT) B2. the amount of money that is paid: monthly payments. See also. balance of payments. down payment. (Definition of payment from the Cambridge Learner's Dictionary © Cambridge University Press)
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.
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.
