payment

noun

pay·​ment ˈpā-mənt How to pronounce payment (audio)
Synonyms of paymentnext
1
: the act of paying
2
: something that is paid : pay
3
: requital

Synonyms

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Examples of payment in a Sentence

Payment is due on the first of every month. Prompt payment of your bill ensures that you will not have to pay any additional fees. We require payment in advance for all goods purchased. a payment plan to reduce your debt
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The inaugural event marked the first time players collected an NIL payment for performance in a postseason basketball tournament. — Matt Rybaltowski, Forbes.com, 7 Apr. 2025 Commercial partnerships typically contain clauses that will see payments reduced upon relegation, some even ceasing. — Philip Buckingham, New York Times, 7 Apr. 2025 Retroactive payments for benefits issued back to January 2024 have already been issued. — Aliss Higham, MSNBC Newsweek, 7 Apr. 2025 Upon payment by the patient, the pharmacy is reimbursed by the insurance provider for the covered portion of the medication cost. — Pamela McLoughlin, Hartford Courant, 7 Apr. 2025 See All Example Sentences for payment

Word History

First Known Use

14th century, in the meaning defined at sense 1

Time Traveler
The first known use of payment was in the 14th century

Phrases Containing payment

Rhymes for payment

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Browse Nearby Words

paymaster general
payment
payment bill
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Cite this Entry

“Payment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/payment. Accessed 12 Apr. 2025.

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Kids Definition

payment

noun
pay·​ment ˈpā-mənt How to pronounce payment (audio)
1
: the act of paying
2
: money given to pay a debt
3
: pay entry 2 sense 2

More from Merriam-Webster on payment

Nglish: Translation of payment for Spanish Speakers

Last Updated: - Updated example sentences
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