Paid: meaning, definitions and examples
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paid
[peɪd ]
Definition
financial transaction
The term 'paid' is the past tense of the verb 'pay,' which means to exchange money for goods or services. It indicates that a monetary transaction has been completed. It can refer to settling debts or fulfilling obligations, such as paying bills or compensating someone for their work. In many contexts, being paid signifies the completion of a financial agreement.
Synonyms
compensated, remunerated, settled.
Examples of usage
- She paid the waiter after finishing her meal.
- He was paid a fair wage for his labor.
- They paid their utility bills on time.
- The company paid bonuses to its employees.
Interesting Facts
Etymology
- The word 'paid' comes from the Old French 'paier', which means to pay or to satisfy.
- It is a past tense of the verb 'pay', which has been in use since the early 14th century in English.
Economics
- In the context of economics, being 'paid' influences consumer behavior, affecting spending habits and choices.
- The concept of being 'paid' is crucial in labor discussions, including wages and fair compensation for work.
Pop Culture
- 'Paid' often appears in songs and movies, symbolizing success and financial freedom, like in Kanye West’s 'All Falls Down'.
- The phrase 'you get what you pay for' is frequently used to express that higher prices often lead to better quality.
Psychology
- Research shows that being paid fairly can significantly affect job satisfaction and overall happiness.
- Chasing higher salaries is often tied to self-worth and social comparison, driving people to seek better-paying jobs.
Technology
- With the rise of the gig economy, people can now get paid for tasks on platforms like Uber and Upwork.
- Digital payment systems, like PayPal and Venmo, have made the process of getting paid much faster and more convenient.
Translations
Translations of the word "paid" in other languages:
🇵🇹 pago
- pago em dia
- compensado
🇮🇳 भुगतान किया गया
🇩🇪 bezahlt
🇮🇩 dibayar
🇺🇦 оплачений
🇵🇱 zapłacony
🇯🇵 支払われた
🇫🇷 payé
🇪🇸 pagado
🇹🇷 ödenmiş
🇰🇷 지불된
🇸🇦 مدفوع
🇨🇿 zaplacený
🇸🇰 zaplatený
🇨🇳 已支付
🇸🇮 plačan
🇮🇸 greitt
🇰🇿 төленген
🇬🇪 გადახდილი
🇦🇿 ödənilmiş
🇲🇽 pagado