A payment is an amount of money that is paid to someone, or the act of paying this money.
Thousands of its customers are in arrears with loans and mortgage payments.
The fund will make payments of just over £1 billion next year. [+ of]
[Also + to/on]
2. uncountable noun
Payment is the act of paying money to someone or of being paid.
He had sought to obtain payment of a sum which he had claimed was owed to him. [+ of]
[Also + for]
Synonyms: settlement, paying, discharge, outlay More Synonyms of payment
3. See also balance of payments, down payment
More Synonyms of payment
payment in British English
(ˈpeɪmənt)
noun
1.
the act of paying
2.
a sum of money paid
3.
something given in return; punishment or reward
payment in American English
(ˈpeɪmənt)
noun
1.
a paying or being paid
2.
something that is paid
3.
penalty or reward
payment in Retail
(peɪmənt)
Word forms: (regular plural) payments
noun
(Retail: Customer accounts)
You make a payment when you give a sum of money in exchange for goods you have received.
As new electronic methods were introduced, a decline in the use of paper payment methods was observed.
There will be increased use of mobile devices to make payments for everyday transactions.
You make a payment when you give a sum of money in exchange for goods you have received.
Talking about paymentIf payment is authorized, it is allowed by a bank.If payment is received by someone, they are paid for something.A method of payment is a way of paying for something.
Examples of 'payment' in a sentence
payment
It cancelled distribution and returned all royalty payments.
Times, Sunday Times (2016)
Your savings can work harder for you by reducing your mortgage payments.
Times, Sunday Times (2017)
Remember that cancelling a direct debt just cancels the payment.
The Sun (2016)
There are no monthly interest payments unless the loan specifically allows them.
Times, Sunday Times (2016)
Use a planning consultant and make payment conditional on consent.
Times, Sunday Times (2016)
There is also the potential for further payment protection insurance claims.
Times, Sunday Times (2016)
So the trustees would demand higher annual payments to fix the deficit.
Times, Sunday Times (2016)
Getting rid of the triple lock and winter fuel payments will hardly be easy.
Times, Sunday Times (2016)
How can it be that identical bays on opposite sides of the same street have mutually exclusive systems of payment?
Times, Sunday Times (2017)
It is the kind of stupidity that causes the department to end up making large payments to international funds just to be sure of hitting the target.
Times, Sunday Times (2017)
The group already produces and sells the shoes in return for loyalty payments.
Times, Sunday Times (2015)
Others may be put off by just one missed payment.
Times, Sunday Times (2015)
With a repayment mortgage your interest payments drop as you pay off the capital.
Times, Sunday Times (2006)
The bank gave her a quote for what her revised monthly payments would be.
Times, Sunday Times (2014)
She is now suing the salon for her money back and payment to correct the problem.
The Sun (2016)
They should also allow lump sum payments for adapting homes if owners become disabled.
The Sun (2014)
The introduction of checks was a major innovation that improved the efficiency of the payments system.
Mishkin, Frederic S. Financial Markets, Institutions and Money (1995)
The most obvious of these hurdles are the regular interest payments and sinking fund contributions.
Charles A. D'Ambrosio & Stewart D. Hodges & Richard Brealey & Stewart Myers Principles of Corporate Finance (1991)
The amount of the payment premium depended on the circumstances in which the loan was repaid.
Times, Sunday Times (2015)
One reason may be that this form of cover is confused with widely discredited payment protection insurance.
Times, Sunday Times (2015)
High rents lead to arrears of payment and consequent anxiety.
Brown, Muriel & Payne Sarah Introduction to Social Administration in Britain (1990)
The report suggests ending the universal winter fuel payment to fund the scheme.
Times, Sunday Times (2013)
The very idea of missing a payment fills me with terror.
Times, Sunday Times (2015)
They resent putting up hard cash unless they can see an obvious reason to make the payment.
Times, Sunday Times (2013)
But on the return journey payment was refused.
Times, Sunday Times (2015)
They have not been able to claim for mortgage interest payments since the expenses scandal.
Times, Sunday Times (2016)
Not all insurers charge for monthly payment.
Times, Sunday Times (2006)
Please put payment in the money cup.
Times, Sunday Times (2008)
Other companies offering mobile payment systems are springing up.
Times, Sunday Times (2009)
Other payments will be funded out of cashflow.
Times, Sunday Times (2014)
Negotiations are currently in progress to secure payment of the amount outstanding.
Harrison, John Finance for the Non-Financial Manager (1989)
This means that you still have the problem of repaying the normal monthly amount in addition to your arrears payment.
Tondeur, Keith Say Goodbye to Debt (1994)
You can't have these sort of retention payments just for turning up for work.
Times, Sunday Times (2012)
He added that the lump sum payment agreed between the parties fairly represented a balanced appraisal of the unusual circumstances of the case.
Times, Sunday Times (2016)
Some of the biggest high street names are caught up in an investigation into mis-selling of payment protection insurance.
Times, Sunday Times (2007)
In other languages
payment
British English: payment /ˈpeɪmənt/ NOUN
Payment is the act of paying money to someone or of being paid.
Players now expect payment for interviews.
American English: payment
Arabic: دَفْعِ
Brazilian Portuguese: pagamento
Chinese: 付款
Croatian: plaćanje
Czech: platba
Danish: betaling
Dutch: betaling
European Spanish: pago
Finnish: maksu maksaminen
French: paiement
German: Zahlung
Greek: πληρωμή
Italian: pagamento
Japanese: 支払い
Korean: 지급
Norwegian: betaling
Polish: zapłata
European Portuguese: pagamento
Romanian: plată
Russian: платеж
Latin American Spanish: pago
Swedish: betalning
Thai: การจ่ายเงิน
Turkish: ödeme
Ukrainian: плата
Vietnamese: sự thanh toán
All related terms of 'payment'
e-payment
a digital payment for a transaction made on the internet
m-payment
a point-of-sale payment made through a wireless device such as a mobile phone or PDA
co-payment
payment required of an insured person for that portion of medical expenses not paid by the insurance company; specif., a fixed fee required for each prescription , visit to a doctor , etc.
non-payment
Non-payment is a failure to pay a sum of money that you owe .
cash payment
an immediate payment in cash
down payment
If you make a down payment on something, you pay only a percentage of the total cost when you buy it. You then finish paying for it later , usually by paying a certain amount every month .
part payment
partial payment ; a payment that is not the full price
payment card
A payment card is a plastic card which you use like a credit card, but which takes the money directly from your bank account .
payment date
the date on which a payment (of a debt , bill , etc) is used to be paid
payment terms
the terms or conditions concerning the payment of something
stop payment
an instruction to a bank by the drawer of a cheque to refuse payment on it
token payment
a small payment made in acknowledgment of the existence of debt
advance payment
a sum of money paid in advance as a part or the whole of the sum due
annuity payment
a payment that the investor receives at regular intervals from an annuity
balloon payment
a large payment that concludes a series of smaller payments, for example in order to repay a loan
benefit payment
a payment of money by the government to people who are ill , unemployed , poor or who have children
payment details
The details of something are its individual features or elements.
payment holiday
a break taken from paying ( a debt etc) back
payment system
a system used to pay or settle financial transactions
deficiency payment
a payment made to a commodity producer that represents the difference between the market price and the guaranteed price
interest payment
a payment of interest on a loan or mortgage
mortgage payment
a (usually regular ) payment of part of a mortgage loan
parachute payment
a payment made to alleviate hardship resulting from a sudden loss of income
progress payment
an instalment of a larger payment made to a contractor for work carried out up to a specified stage of the job
redundancy payment
a sum of money given by an employer to an employee who has been made redundant : usually calculated on the basis of the employee's rate of pay and length of service
transfer payment
money received by an individual or family from the state or other body, often a pension or unemployment benefit . It is not reckoned when calculating the national income as it is money transferred rather than paid for merchandise or a service rendered
equalization payment
a financial grant made by the federal government to a poorer province in order to facilitate a level of services equal to that of a richer province
front-end payment
a payment required or incurred in advance of a project in order to get it under way
lump sum payment
A lump sum payment is an amount of money that is paid in one single payment rather than in installments.
method of payment
the way in which an amount of money is paid, for example by cash , credit card, etc
payment by results
a system of wage payment whereby all or part of the wage varies systematically according to the level of work performance of an employee
payment in advance
If a business asks for payment in advance , the payment must be received in full before the goods or services are delivered .
responsibility payment
payment made to somebody who has special responsibilities
terms of payment
The terms of payment of a sale state how and when an invoice is to be paid .
cold-weather payment
(in Britain ) a payment made by the government to people on low incomes when the temperature falls below a certain level for a specific number of days
social security payment
a payment of social security made to an individual
incentive bonus
an extra payment made to an employee to reward good work
Association for Payment Clearing Services
a UK trade association that overseas payments and brings together institutions that deliver payment services
advance
To advance means to move forward, often in order to attack someone.
vaunce
to advance
Chinese translation of 'payment'
payment
(ˈpeɪmənt)
n
(c) (= sum of money) 付款额(額) (fùkuǎn é) (笔, bǐ)
(u) (= act of paying) 支付 (zhīfù)
advance payment预(預)付款 (yùfùkuǎn)
monthly payment月付 (yuèfù)
on payment of在支付 ... 的情况(況)下 (zài zhīfù ... de qíngkuàng xià)
All related terms of 'payment'
advance payment
预(預)付款 yùfùkuǎn
monthly payment
月付 yuèfù
on payment of
在支付 ... 的情况(況)下 zài zhīfù ... de qíngkuàng xià
payment in kind
以货(貨)代款 yǐ huò dài kuǎn
payment on easy terms
( Comm ) 分期付款 fēnqī fùkuǎn
method of payment or payment method
付款方式 fùkuǎn fāngshì
1 (noun)
Definition
a sum of money paid
an initial deposit, followed by twelve monthly payments
Synonyms
remittance
advance
She was paid a £100,000 advance for her next two novels.
deposit
A deposit of £20 is required when ordering.
premium
an increase in insurance premiums
portion
instalment
The first instalment is payable on application.
e-payment
2 (noun)
Definition
the act of paying
He sought payment of a sum which he claimed was owed to him.
Synonyms
settlement
ways to delay the settlement of debts
paying
discharge
outlay
Once the initial outlay has been made they are reasonably cheap to operate.
remittance
Please enclose your remittance.
defrayal
3 (noun)
Definition
something given in return
It is reasonable to expect proper payment for this work.
Synonyms
wages
fee
How much will the solicitor's fee be?
reward
They last night offered a £10,000 reward.
hire
Surf board hire is $12 per day.
remuneration
I shall expect some remuneration for my trouble.
Additional synonyms
in the sense of advance
Definition
a payment made before it is legally due
She was paid a £100,000 advance for her next two novels.
Synonyms
down payment,
credit,
fee,
deposit,
retainer,
prepayment,
loan
in the sense of defrayal
Synonyms
payment,
settlement,
discharge,
clearance,
liquidation
in the sense of deposit
Definition
money given in part payment for goods or services
A deposit of £20 is required when ordering.
Synonyms
down payment,
security,
stake,
pledge,
warranty,
instalment,
retainer,
part payment
Synonyms of 'payment'
payment
Explore 'payment' in the dictionary
Additional synonyms
in the sense of fee
Definition
a payment asked by professional people for their services
How much will the solicitor's fee be?
Synonyms
charge,
pay,
price,
cost,
bill,
account,
payment,
wage,
reward,
hire,
salary,
compensation,
toll,
remuneration,
recompense,
emolument,
honorarium,
meed (archaic)
in the sense of hire
Surf board hire is $12 per day.
Synonyms
charge,
rental,
price,
cost,
fee
in the sense of instalment
Definition
a portion of something that is issued, broadcast, or published in parts
The first instalment is payable on application.
Synonyms
payment,
repayment,
part payment
in the sense of outlay
Definition
the money, effort, or time spent on something
Once the initial outlay has been made they are reasonably cheap to operate.
Synonyms
expenditure,
cost,
spending,
charge,
investment,
payment,
expense(s),
outgoings,
disbursement
in the sense of premium
Definition
the (regular) amount paid for an insurance policy
an increase in insurance premiums
Synonyms
fee,
charge,
payment,
instalment
in the sense of remuneration
I shall expect some remuneration for my trouble.
Synonyms
payment,
income,
earnings,
salary,
pay,
return,
profit,
fee,
wages,
reward,
compensation,
repayment,
reparation,
indemnity,
retainer,
reimbursement,
recompense,
stipend,
emolument,
meed (archaic)
in the sense of reward
Definition
a sum of money offered for finding a criminal or missing property