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

One week later, the Treasury announced a $20 billion currency swap financed through America’s Exchange Stabilization Fund, which Argentina used to make its Nov. 1 IMF debt payment.

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Medics are often expected to work night shifts, weekends and longer hours, for which they receive extra payments.

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That is designed to prevent people keeping money in the account when it would be better used making a emergency, or debt, payment.

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"There could be a complete halt in payment transactions and services to the population, cessation of card functionality, cessation of credit insurance, and everything else," he said.

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She said she cried when she picked up her BMW, which is adapted for her needs as a wheelchair user and which she paid the additional cost for as an advance payment.

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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