payment

[pey-muhnt]

noun

1. something that is paid; pay; an amount paid; pay; compensation; recompense.

2. the act of paying. pay.

3. reward or punishment; requital.

payment

/ ˈpeɪmənt /

noun

1. the act of paying

2. a sum of money paid

3. something given in return; punishment or reward

Other Word Forms

• propayment adjective

Word History and Origins

Origin of payment¹

First recorded in 1300–50; Middle English, variant of paiement, from Middle French; equivalent to pay ¹ + -ment

Example Sentences

The sweetened ObamaCare subsidies, however, can slash premium payments for retirees with bigger pensions.

Read more on The Wall Street Journal

The money is believed to have been a ransom payment, the relative said.

Read more on Barron's

So reductions in disability payments would not help the retirement system stay afloat.

Read more on Salon

"Why would they pay out for years and years and then, after four years of payments they say, 'Oh, we made a mistake, or we were cheated'", he said.

Read more on BBC

"It's really impacting any business that deals with cash payments."

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Related Words

• amount 
• award 
• cash 
• deposit 
• disbursement 
• fee 
• outlay 
• pension 
• premium 
• refund 
• reimbursement 
• remittance 
• reparation 
• repayment www.thesaurus.com
• restitution 
• return 
• reward 
• royalty 
• salary 
• settlement