payment

payment

noun

Definition of PAYMENT

1

the act of offering money in exchange for goods or services <they are very prompt in the payment of their credit card bills>

Synonyms compensation, disbursement, giving, paying, remitment, remittance, remuneration

Related Words rendering, tendering; reimbursement, repayment; paying off, paying up, prepayment; overpayment

Near Antonyms underpayment

Antonyms nonpayment

2

something (as money) that is given or received in return for goods or services <our payment for all the work we did barely covered our expenses> <we finally mailed our last car payment last week>

Synonyms compensation, consideration, pay, recompense, remittance, remuneration, requital

Related Words salary, stipend, wage(s); disbursement, expenditure, outlay; rebate, refund; indemnity, recoupment, redress, reparation, restitution; adjustment, settlement; deposit; reimbursement, repayment; prepayment; overpayment; rent, rental

3

the money paid regularly to a person for labor or services <your payment will be issued as a weekly check>

Synonyms emolument, hire, packet [British], pay, paycheck, pay envelope, payment, salary, stipend

Related Words living wage, minimum wage, nominal wages, take-home pay; double time, overtime, time and a half; compensation, recompense, remittance, remuneration, requital, return; recoupment, redress, reparation, restitution; reimbursement, repayment; earnings, profit, takings, yield