Payment: meaning, definitions and examples
๐ฐ
payment
[ หpeษชmษnt ]
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.
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
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:
๐ต๐น pagamento
๐ฎ๐ณ เคญเฅเคเคคเคพเคจ
๐ฉ๐ช Zahlung
๐ฎ๐ฉ pembayaran
๐บ๐ฆ ะฟะปะฐััะถ
๐ต๐ฑ pลatnoลฤ
๐ฏ๐ต ๆฏๆใ (ใใฏใใ)
๐ซ๐ท paiement
๐ช๐ธ pago
๐น๐ท รถdeme
๐ฐ๐ท ์ง๋ถ
๐ธ๐ฆ ุฏูุน
๐จ๐ฟ platba
๐ธ๐ฐ platba
๐จ๐ณ ๆฏไป (zhฤซfรน)
๐ธ๐ฎ plaฤilo
๐ฎ๐ธ greiรฐsla
๐ฐ๐ฟ ัำฉะปะตะผ
๐ฌ๐ช แแแแแฎแแ
๐ฆ๐ฟ รถdษmษ
๐ฒ๐ฝ pago
Word origin
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.