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

Claims for unemployment payments also ticked up this week, while Friday's report put the unemployment rate at the highest level since October 2021, although it is still not far from historic lows.

From BBC

In an effort to make its services more accessible, the ride-hailing company Uber is now accepting cash as payment in Los Angeles, San Diego and other big cities in California.

From Los Angeles Times

Congress had said the Education Department may “waive or modify” monthly loan payments during a national emergency like the COVID-19 pandemic, but it did not say the loans may be forgiven, the court said.

From Los Angeles Times

If the winner picks the annuity option, they will one payment immediately and then 29 annual payments, increasing by 5% each year.

From Los Angeles Times

"Our teaching bursary scheme offers a payment to career changers undertaking graduate teacher training in hard-to-fill subjects, including computing science."

From BBC

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