payment (B1)

noun

Pronunciation: /ˈpeɪmənt/

Definition

The act of giving money for something, or the money that is given.

Examples

• The final payment is due on the first of next month.

• We offer various payment options, including credit card and bank transfer.

• He made a partial payment towards his debt.

How to Use payment

payment for (prepositional phrase)

The reason or purpose for which money is given. — "This is a payment for the services rendered."

payment of (prepositional phrase)

Used to specify the amount or item being paid. — "The payment of the invoice was made yesterday."

payment by (prepositional phrase)

The method used to make the payment. — "Payment by credit card is preferred."

payment on (prepositional phrase)

Used with dates or specific installments. — "The first payment on the loan is due in March."

Synonyms of payment

Words with a similar meaning to payment:

• remittance
• settlement
• fee
• charge

Antonyms of payment

Words with the opposite meaning to payment:

• receipt
• income

Browse the full Anaversity dictionary