payment

pay|ment
W1S2 [ˈpeımənt] n
1.)
an amount of money that has been or must be paid
You can make a payment in any bank.
Employees may occasionally receive bonus payments .
The country cannot meet the payments on its £80 billion foreign debt.
She agreed to repay the loan in monthly payments of £125.
Discounts are offered for cash payments .
the interest payments on your credit card bill
They fell behind on their mortgage payments .
2.) [U]
the act of paying for something
payment of
There are severe penalties for late payment of taxes.
payment in
Most hotels here accept payment in dollars.
Payment can be made by cheque or credit card.
We do accept payment in instalments (=paying in small amounts over a period of time) .
She demanded payment in advance .
in payment for sth
(=in order to pay for something)
cheques received in payment for goods supplied
on payment of sth
(=when an amount has been paid)
Any item can be reserved on payment of a deposit.
3.) payment in kind
a way of paying for something with goods or services instead of money
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COLLOCATES for sense 1
make a payment
receive a payment
meet the payments on something (=afford to pay something)
monthly payment
cash payment
down payment (=a small payment for something you are buying, when you will pay the rest later)
interest payment
mortgage payment
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Dictionary of contemporary English. 2013.

Synonyms:

Look at other dictionaries:

  • payment — I (act of paying) noun acquittal, acquittance, amortization, amortizement, clearance, compensation, defrayal, defrayment, disbursement, discharge of a debt, expenditure, liquidation, outlay, quittance, receipt in full, reckoning, recompense,… …   Law dictionary

  • Payment — Pay ment, n. [F. payment, paiement. See {Pay} to requite.] 1. The act of paying, or giving compensation; the discharge of a debt or an obligation. [1913 Webster] No man envieth the payment of a debt. Bacon. [1913 Webster] 2. That which is paid;… …   The Collaborative International Dictionary of English

  • payment — (n.) late 14c., from O.Fr. paiement, from paiier (see PAY (Cf. pay) (v.)) …   Etymology dictionary

  • payment — [n] fee; installment of fee acquittal, advance, alimony, amends, amortization, amount, annuity, award, bounty, cash, defrayal, defrayment, deposit, disbursement, discharge, down, fee, hire, indemnification, outlay, part, paying, pay off, pension …   New thesaurus

  • payment — ► NOUN 1) the action of paying or the process of being paid. 2) an amount paid or payable …   English terms dictionary

  • payment — [pā′mənt] n. 1. a paying or being paid 2. something that is paid 3. penalty or reward …   English World dictionary

  • payment — The amount required to repay a loan, including interest and fees. Bloomberg Financial Dictionary * * * payment pay‧ment [ˈpeɪmənt] noun 1. [countable, uncountable] FINANCE an amount of money that must be or has been paid, or the act of paying it …   Financial and business terms

  • Payment — A payment is the transfer of wealth from one party (such as a person or company) to another. A payment is usually made in exchange for the provision of goods, services or both, or to fulfill a legal obligation. The simplest and oldest form of… …   Wikipedia

  • payment — noun 1 paying/being paid ADJECTIVE ▪ immediate (esp. BrE), prompt ▪ late ▪ penalties for late payment of tax ▪ early (esp. BrE) ▪ …   Collocations dictionary

  • payment — The fulfilment of a promise, or the performance of an agreement. A discharge of an obligation or debt, and part payment, if accepted, is a discharge pro tanto. In a more restricted legal sense payment is the performance of a duty, promise, or… …   Black's law dictionary

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