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- Dictionarypayment/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
- 2. an amount paid or payable: "a compensation payment of £2500" Similar
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PAYMENT definition: 1. an amount of money paid: 2. reward: 3. an amount of money received by a person that has been…. Learn more.
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.
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.
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.
Definition of payment noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Payment definition: something that is paid; an amount paid; compensation; recompense.. See examples of PAYMENT used in a sentence.
You make a payment when you give a sum of money in exchange for goods you have received. As new electronic methods were introduced, a decline in the use of paper payment methods was observed. There will be increased use of mobile devices to make payments for everyday transactions.
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)
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
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.
