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

Definition of payment in English:


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.
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.
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
rate, price, hire, stipend, emolument(s), honorarium, allowance, handout, recompense, compensation, reimbursement, reward, income, revenue, profit(s), proceeds, takings, gain, lucre


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

Words that rhyme with payment

claimant, clamant, raiment

Definition of payment in:

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Word of the day innocuous
Pronunciation: ɪˈnɒkjʊəs
not harmful or offensive