payment

word

/ˈpeɪmənt/
PAY-muhnt
/pˈeɪmənt/
PAY-muhnt

Definition

Money that is paid for something, or the act of paying it. It can refer to a full amount, a partial amount, or one of several regular amounts.

Usage & Nuances

Common in everyday, business, and legal contexts. Frequent collocations include 'make a payment', 'payment method', 'payment due', 'monthly payment', and 'down payment'. Don't confuse it with 'pay' (verb) or 'salary/wages' (money for work).

Example Sentences

I made the payment online this morning.

basic

Your payment is due on Friday.

basic

We got the first payment yesterday.

basic

It looks like my payment still hasn't gone through.

natural

Can I split the payment into two parts?

natural

They asked for a payment in advance before starting the work.

natural