payday

word

/ˈpeɪˌdeɪ/
PAY-day
/pˈeɪdeɪ/
PAY-day

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.

natural

I can't wait for payday — I'm completely broke.

basic

Payday is on the last Friday of every month.

basic

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.

natural