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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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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.
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. See 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.
Apr 30, 2024 · Payment is the transfer of money, goods, or services in exchange for goods and services in acceptable proportions that have been previously agreed upon by all...
Definition of payment noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
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.
Payment definition: something that is paid; an amount paid; compensation; recompense.. See examples of PAYMENT used in a sentence.
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)
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.
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
