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Payed Meaning: Definition, Examples, and Translations

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payed

[peɪd ]

Definition

Context #1 | Verb

financial transaction

The word 'payed' is a non-standard past tense of the verb 'pay'. While widely used informally, it is often considered incorrect in standard English, where 'paid' is the appropriate past tense. 'Paid' should be used when referring to having given money in exchange for goods or services.

Synonyms

compensated, remunerated, settled.

Examples of usage

  • I payed for the dinner last night.
  • He payed his debt on time.
  • They had already payed the admission fee.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Finance

  • In modern finance, the term is crucial for transactions, payrolls, and budgeting, emphasizing the exchange of value.
  • Frequent use of 'payed' in invoices and receipts underscores the transaction's completion, ensuring clarity in business dealings.
  • Understanding the difference between 'payed' and 'paid' is essential for financial literacy, helping avoid confusion in written or spoken communication.

Cultural References

  • The concept of paying has been depicted in various artworks, symbolizing commerce and societal interactions in different cultures.
  • Popular songs often reference payment in terms of emotional exchanges, likening love and relationships to transactions.
  • Movies and literature frequently explore themes of 'paying' as a metaphor for sacrifice or consequence in character development.

Legal Context

  • In law, 'payed' is used when discussing payment of debts, highlighting responsibilities and transactions in legal agreements.
  • Terms related to 'payed' are crucial in contractual negotiations, ensuring that payment terms are clearly defined to protect parties involved.
  • Legal documents often use 'paid' in reference to obligations fulfilled, but the term 'payed' can still be found in certain traditional contracts.

Psychology

  • Research suggests that the act of paying can affect emotions, with some studies showing that people feel happier when they make purchases in person rather than online.
  • In behavioral economics, how and when a payment is made can influence consumer behavior, including the perceived value of a transaction.
  • The psychology of payment can explain why many people feel more pain when using cash compared to digital transactions, linking to feelings of loss.

Origin of 'payed'

Main points about word origin

  • The word 'payed' is an alternate spelling of 'paid,' stemming from the Old English word 'paidan', which means to pay.
  • Historically, 'payed' was used in the context of maritime law, meaning to pay money for a service or duty.
  • In some English dialects, 'payed' persists in traditional usage in various contexts, particularly in maritime vocabulary.

The verb 'pay' originates from the late Middle English 'paien', derived from the Old French 'paier', which in turn comes from the Latin 'pacare', meaning 'to appease or pacify'. The evolution of the term reflects the transactional nature of financial exchanges, where giving money serves as a means of appeasing debts or obligations. The spellings and usage have varied across time and regions, with 'payed' emerging as an informal variant in some English dialects. However, in modern English grammar, 'paid' has become the accepted standard form in both American and British English, used in all formal contexts. This distinction is important for learners and speakers of English, as the incorrect use of 'payed' can highlight a lack of adherence to grammar rules.

Word Frequency Rank

This word's position of #30,319 indicates it's among the more rare English words. While understanding it broadens your vocabulary, focus on more common words first.