payment (Meaning)

Wordnet

payment (n)

a sum of money paid or a claim discharged

the act of paying money

an act of requiting; returning in kind

Webster

payment (n.)

The act of paying, or giving compensation; the discharge of a debt or an obligation.

That which is paid; the thing given in discharge of a debt, or an obligation, or in fulfillment of a promise; reward; recompense; requital; return.

Punishment; chastisement.

payment Sentence Examples

  1. The vendor requested a 50% payment upfront for the project.
  2. The monthly payment for the car was due on the 15th.
  3. The payment was late and incurred additional fees.
  4. The customer made a one-time payment for the entire purchase.
  5. The company implemented a new payment system to streamline transactions.
  6. The online payment gateway allowed for secure and convenient transactions.
  7. The payment terms for the contract were clearly outlined in the document.
  8. The payment schedule was adjusted to accommodate the customer's financial situation.
  9. The retailer offered various payment options, including cash, credit, and debit.
  10. The payment reminder email was sent out to avoid any missed payments.

FAQs About the word payment

a sum of money paid or a claim discharged, the act of paying money, an act of requiting; returning in kindThe act of paying, or giving compensation; the dischar

paying,compensation, repayment, disbursement, remuneration, remittance, giving, tendering, rendering,reimbursement

nonpayment, nonpayment,, underpayment,underpayment

The vendor requested a 50% payment upfront for the project.

The monthly payment for the car was due on the 15th.

The payment was late and incurred additional fees.

The customer made a one-time payment for the entire purchase.