Payments: meaning, definitions and examples
๐ธ
payments
[ หpeษชmษnts ]
financial transactions
Payments refer to the transfer of money from one party to another in exchange for goods or services rendered. It can be done through various methods such as cash, credit card, bank transfer, or online payment platforms. Payments are essential for conducting business transactions and maintaining financial stability.
Synonyms
disbursements, remittances, transactions.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| payments |
This is the most general term, used in everyday situations involving the transfer of money for goods or services.
|
| transactions |
A broad term used in both everyday and financial situations, emphasizing the action of conducting business, including the payment component.
|
| remittances |
Typically used in the context of sending money, often across borders, by someone working in one country to their family in another.
|
| disbursements |
Used in more formal or financial contexts, often implying the distribution of funds, especially by a company, organization, or government.
|
Examples of usage
- Please make the payment for the services provided.
- The company accepts payments through multiple channels.
- Online payments have become increasingly popular in recent years.
Translations
Translations of the word "payments" in other languages:
๐ต๐น pagamentos
๐ฎ๐ณ เคญเฅเคเคคเคพเคจ
๐ฉ๐ช Zahlungen
๐ฎ๐ฉ pembayaran
๐บ๐ฆ ะฟะปะฐัะตะถั
๐ต๐ฑ pลatnoลci
๐ฏ๐ต ๆฏๆใ
๐ซ๐ท paiements
๐ช๐ธ pagos
๐น๐ท รถdemeler
๐ฐ๐ท ์ง๋ถ
๐ธ๐ฆ ู ุฏููุนุงุช
๐จ๐ฟ platby
๐ธ๐ฐ platby
๐จ๐ณ ๆฏไป
๐ธ๐ฎ plaฤila
๐ฎ๐ธ greiรฐslur
๐ฐ๐ฟ ัำฉะปะตะผะดะตั
๐ฌ๐ช แแแแแฎแแแแ
๐ฆ๐ฟ รถdษniลlษr
๐ฒ๐ฝ pagos
Etymology
The word 'payments' originated from the Old French word 'paiement', which was derived from the Latin word 'pacare' meaning 'to pay'. The concept of making payments has been an integral part of human civilization since ancient times, evolving from barter systems to the complex financial transactions we have today.
See also: nonpayer, nonpayment, pay, payable, payback, payee, payer, paymaster, payment, payoff, payor, paywise, repay, repayment, spay.