payday
word
Definition
The day on which a person receives their salary or wages. Also used informally to refer to a large financial reward or profit.
Usage & Nuances
One word, not two. "Payday loan" is a high-interest short-term loan until the next payday — often associated with financial trouble. Informally, "a big payday" means earning a lot of money (athletes, fighters, lawyers). "Payday" can feel eagerly anticipated when you're broke.
Example Sentences
The boxer earned a massive payday — reportedly over 50 million dollars for one fight.
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I can't wait for payday — I'm completely broke.
basic
Payday is on the last Friday of every month.
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She always treats herself to a nice dinner on payday.
basic
Avoid payday loans at all costs — the interest rates are predatory.
natural
Every payday, half my salary goes straight to rent and bills.
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