payment
noun/ˈpeɪmənt/
Etymology From Old French paiement. Equivalent to pay + -ment.
1
The act of paying.
- Payment will be made at the end of the month.
2
An instance of that act; a sum of money paid in exchange for goods or services, or the transaction that conveys it.
- “[…] This is Mr. Churchill, who, as you are aware, is good enough to come to us for his diaconate, and, as we hope, for much longer; and being a gentleman of independent means, he declines to take any payment.” Saying this Walden rubbed his hands together and smiled contentedly.1918, W[illiam] B[abington] Maxwell, chapter VII, in The Mirror and the Lamp, Indianapolis, Ind.: The Bobbs-Merrill Company, →OCLC:
- In a report published on October 31, Transport Focus said that a number of train companies were unable to convince it about their ability to sell a full range of tickets, handle cash payments, and avoid excessive queues at ticket machines.2023 November 15, 'Industry Insider', “Outbreak of common sense”, in RAIL, number 996, page 68:
- Derived terms
46 terms
advance payment, autopayment, back payment, balloon payment, bullet payment, copayment, counter payment, counter-payment, counterpayment, cyberpayment, dation in payment, down payment, e-payment, equalization payment, forepayment, grease payment, inpayment, kick payment, lubrication payment, make off without payment, making off without payment, micropayment, mispayment, multipayment, outpayment, overpayment, parachute payment, payment card, payment order, payment schedule, payment service, payment terminal, PITI payment, pittance payment, prepayment, proof of payment, repayment, severance payment, short payment, stop payment, taxpayment, telepayment, time-payment, transfer payment, underpayment, warrant of payment- Related terms
- scot