payment

noun

pay·​ment ˈpā-mənt How to pronounce payment (audio)
Synonyms of paymentnext
1
: the act of paying
2
: something that is paid : pay
3

Examples of payment in a Sentence

Payment is due on the first of every month. Prompt payment of your bill ensures that you will not have to pay any additional fees. We require payment in advance for all goods purchased. a payment plan to reduce your debt cash, credit cards, and other methods of payment Our records show that we received a payment of $215.36 in May. Buy this product for three easy payments of only $19.95! It took me five years to pay off the car, but I never missed a payment. making payments on a loan The credit card company just increased the penalty on late payments.
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
On Wednesday, May 20, The Substance actor, 72, filed a petition to end his $13,750 monthly child support payments to his ex-wife Kimberly Buffington for his 18-year-old twins Thomas and Zoe following their high school graduation, according to court documents obtained by PEOPLE. Kayla Grant, PEOPLE, 29 May 2026 As for auto loan delinquencies, the percentage of loans that have payments more 30 days late has edged up to 2% of all new vehicle loans, with the 60-day delinquency rate also increasing. Phil Lebeau,meghan Reeder, CNBC, 28 May 2026 The callers claim victims have missed jury duty or are connected to a criminal case – real or fabricated – and demand payment, often in Bitcoin or another cryptocurrency. Steven Yablonski, CBS News, 28 May 2026 Leaders in the United Arab Emirates approved a $100 million payment to the international organization earlier this month to help fund training for the new police force in Gaza. Timothy Nerozzi, The Washington Examiner, 28 May 2026 See All Example Sentences for payment

Word History

First Known Use

14th century, in the meaning defined at sense 2

Time Traveler
The first known use of payment was in the 14th century

Cite this Entry

“Payment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/payment. Accessed 31 May. 2026.

Kids Definition

payment

noun
pay·​ment ˈpā-mənt How to pronounce payment (audio)
1
: the act of paying
2
: money given to pay a debt
3

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