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.
Attorney David Lira, 65, Girardi’s son-in-law, pleaded guilty last year to a criminal contempt charge for his willful failure to abide by the settlement payment order. Richard Winton, Los Angeles Times, 6 Mar. 2026 The New York investigation comes less than a week after the Centers for Medicare and Medicaid Services halted Medicaid payments to Minnesota over fraud concerns. Arkansas Online, 5 Mar. 2026 Investigators allege those payments were instead taken out of the mail stream, changed and then cashed remotely using mobile deposits tied to accounts in the Houston area. Dante Motley, Austin American Statesman, 5 Mar. 2026 Following the incident, traffic cameras showed Canizales Argueta’s car enter a McDonald’s parking lot, where an individual was seen making a payment at the window. Caroline Zimmerman, Kansas City Star, 5 Mar. 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 11 Mar. 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

More from Merriam-Webster on payment

Last Updated: - Updated example sentences
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