Payment: meaning, definitions and examples

๐Ÿ’ฐ
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payment

 

[ หˆpeษชmษ™nt ]

Context #1 | Noun

method of settling a debt

Payment is the act of giving money in exchange for goods or services. It is a way to settle a debt or obligation. Payments can be made in various forms such as cash, credit card, or online transfers. It is an essential part of any financial transaction.

Synonyms

reimbursement, remittance, settlement

Examples of usage

  • Please make the payment for the goods you have received.
  • She requested payment in advance for her services.
  • The online payment system is fast and secure.
Context #2 | Noun

reward or salary received for work

Payment can also refer to the money received as a reward or salary for work done. It is the compensation given to employees for their services rendered. Payments can be in the form of wages, bonuses, or commissions.

Synonyms

compensation, salary, wage

Examples of usage

  • He received a generous payment for his hard work.
  • The company offers competitive payment packages to attract top talent.
  • She negotiated a higher payment for her freelance project.

Translations

Translations of the word "payment" in other languages:

๐Ÿ‡ต๐Ÿ‡น pagamento

๐Ÿ‡ฎ๐Ÿ‡ณ เคญเฅเค—เคคเคพเคจ

๐Ÿ‡ฉ๐Ÿ‡ช Zahlung

๐Ÿ‡ฎ๐Ÿ‡ฉ pembayaran

๐Ÿ‡บ๐Ÿ‡ฆ ะฟะปะฐั‚ั–ะถ

๐Ÿ‡ต๐Ÿ‡ฑ pล‚atnoล›ฤ‡

๐Ÿ‡ฏ๐Ÿ‡ต ๆ”ฏๆ‰•ใ„ (ใ—ใฏใ‚‰ใ„)

๐Ÿ‡ซ๐Ÿ‡ท paiement

๐Ÿ‡ช๐Ÿ‡ธ pago

๐Ÿ‡น๐Ÿ‡ท รถdeme

๐Ÿ‡ฐ๐Ÿ‡ท ์ง€๋ถˆ

๐Ÿ‡ธ๐Ÿ‡ฆ ุฏูุน

๐Ÿ‡จ๐Ÿ‡ฟ platba

๐Ÿ‡ธ๐Ÿ‡ฐ platba

๐Ÿ‡จ๐Ÿ‡ณ ๆ”ฏไป˜ (zhฤซfรน)

๐Ÿ‡ธ๐Ÿ‡ฎ plaฤilo

๐Ÿ‡ฎ๐Ÿ‡ธ greiรฐsla

๐Ÿ‡ฐ๐Ÿ‡ฟ ั‚ำฉะปะตะผ

๐Ÿ‡ฌ๐Ÿ‡ช แƒ’แƒแƒ“แƒแƒฎแƒ“แƒ

๐Ÿ‡ฆ๐Ÿ‡ฟ รถdษ™mษ™

๐Ÿ‡ฒ๐Ÿ‡ฝ pago

Etymology

The word 'payment' originated from the Old French word 'paiement' which came from the Latin word 'pacare' meaning 'to pacify' or 'to pay'. The concept of payment has been essential in human civilization as a means of exchange for goods and services. Over time, various forms of payment methods have evolved, from bartering to digital transactions, shaping the modern economy.

See also: nonpayer, nonpayment, pay, payable, payback, payee, payer, paymaster, payments, payoff, payor, paywise, repay, repayment, spay.

Word Frequency Rank

At #715 in the frequency ranking, this word is highly important for effective communication. It's commonly used in daily situations and should be prioritized in your vocabulary building.