Definition of payment in English:

payment

Line breaks: pay|ment
Pronunciation: /ˈpeɪm(ə)nt
 
/

noun

1 [mass noun] The action or process of paying someone or something or of being paid: ask for a discount for payment by cash [count noun]: 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
remittance, remission, settlement, discharge, clearance, liquidation, reckoning
2An amount paid or payable: a 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
instalment, premium, amount, remittance; deposit, retainer, subscription
2.1 [mass noun] Something 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
Synonyms
salary, wages, wage, pay, earnings, fee(s), remuneration, take-home pay, gross/net pay; rate, price, hire, stipend, emolument(s), honorarium, allowance, handout, recompense, compensation, reimbursement, reward, income, revenue, profit(s), proceeds, takings, gain, lucre

Origin

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

Definition of payment in:

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Word of the day apposite
Pronunciation: ˈapəzɪt
adjective
apt in the circumstances or relation to something