Definition of payment in English:

payment

Syllabification: pay·ment
Pronunciation: /ˈpāmənt
 
/

noun

1The action or process of paying someone or something, or of being paid: ask for a discount for payment by cash three interest-free monthly payments
More example sentences
  • Now imagine what kind of job you need to make that sort of monthly payment.
  • It addresses the growing consumer desire to use electronic payment in place of cash.
  • The first was a bill and the second was a demand for immediate payment in cash.
Synonyms
2An amount paid or payable: an interim compensation payment of $2500
More example sentences
  • If you are over 64, the total amount of the payment you receive will be reduced on a sliding scale.
  • In addition to this, you can often reduce the tax payable by making a payment towards the cost of your car yourself.
  • This is so, however large or small may be the amount of the payment.
Synonyms
installment, premium
2.1Something given as a reward or in recompense for something done: a suit with a velvet collar that I got as payment for being in the show

Origin

late Middle English: from Old French paiement, from payer 'to pay'.

Definition of payment in:

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