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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 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.
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.
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)
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.
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. The fund will make payments of just over £1 billion next year.
a sum of money that you pay regularly, often to your employer or the government, for benefits such as health insurance, a retirement plan, etc: You can increase your monthly contributions to your savings account. Definition of payment noun in Oxford Advanced American Dictionary.
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.
