pay·​day | \ ˈpā-ˌdā How to pronounce payday (audio) \

Definition of payday

: a regular day on which wages are paid

Examples of payday in a Sentence

Is this Friday a payday?

Recent Examples on the Web

According to the Center for Responsible Lending, 15 states and the District of Columbia have enacted double-digit rate caps on payday loans. Susan Haigh, The Seattle Times, "Payday loan job shadows exec’s run for Connecticut governor," 23 Oct. 2018 Hallinan broke into the industry in the 1990s with $120 million after selling a landfill company, offering payday loans by phone and fax. Jeremy Roebuck,, "Main Line's 'godfather of payday lending' sentenced to 14 years, stripped of $64M, for preying on financially vulnerable," 6 July 2018 Money Mart offers payday loans, which under California law max out at $255 with a $45 fee. James Rufus Koren,, "For a day, I was one of the millions of Americans without a bank account. It was humbling," 21 June 2018 The battle could affect the 12 million Americans who take out payday loans every year, according to Pew Charitable Trusts. Renae Merle, ajc, "In some states, debate over payday lending unfolds in the black church," 7 June 2018 Providers of payday loans and other high-interest financing for low-income people also benefit from regulations that can dissuade banks, with their higher available capital and greater reach, from entering those lines of business. Erik Sherman /, NBC News, "Scaling back Dodd-Frank is just the beginning of Trump's run on deregulation," 24 May 2018 And some payday loans seem designed not to be repaid but to go into default, laying the foundations of a long-term debt relationship. The Economist, "The bottom rungFinancial inclusion in the rich world," 3 May 2018 About 12 million individuals use payday loans annually, according to Horowitz. Lorie Konish, USA TODAY, "Your local post office could become a payday lender if Postal Banking Act bill passes," 26 Apr. 2018 The nonprofit contends the payday loan industry funds favorable academic studies to boost its bottom line. Bill Rankin, ajc, "Payday lending group loses lawsuit over record release," 18 June 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'payday.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of payday

1529, in the meaning defined above

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Statistics for payday

Last Updated

22 Mar 2019

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Time Traveler for payday

The first known use of payday was in 1529

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English Language Learners Definition of payday

: the day when you are regularly paid your wages

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More from Merriam-Webster on payday

Rhyming Dictionary: Words that rhyme with payday

Spanish Central: Translation of payday

Britannica English: Translation of payday for Arabic Speakers

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