Definitions for payment
ˈpeɪ məntpay·ment

Princeton's WordNet(4.75 / 4 votes)Rate this definition:

1. payment(noun)

   a sum of money paid or a claim discharged

2. payment, defrayal, defrayment(noun)

   the act of paying money

3. requital, payment(noun)

   an act of requiting; returning in kind

Wiktionary(5.00 / 1 vote)Rate this definition:

1. payment(Noun)

   The act of paying.

2. payment(Noun)

   A sum of money paid in exchange for goods or services.

Webster Dictionary(5.00 / 2 votes)Rate this definition:

1. Payment(noun)

   the act of paying, or giving compensation; the discharge of a debt or an obligation

2. Payment(noun)

   that which is paid; the thing given in discharge of a debt, or an obligation, or in fulfillment of a promise; reward; recompense; requital; return

3. Payment(noun)

   punishment; chastisement

Origin: [F. payment, paiement. See Pay to requite.]

Freebase(5.00 / 1 vote)Rate this definition:

1. Payment

   A payment is the transfer of money from one party to another. A payment is usually made in exchange for the provision of goods, services or both, or to fulfill a legal obligation. The simplest and oldest form of payment is barter, the exchange of one good or service for another. In the modern world, common means of payment by an individual include money, cheque, debit, credit, or bank transfer, and in trade such payments are frequently preceded by an invoice or result in a receipt. However, there are no arbitrary limits on the form a payment can take and thus in complex transactions between businesses, payments may take the form of stock or other more complicated arrangements. In law, the payer is the party making a payment while the payee is the party receiving the payment.

British National Corpus

1. Spoken Corpus Frequency

   Rank popularity for the word 'payment' in Spoken Corpus Frequency: #1921

2. Written Corpus Frequency

   Rank popularity for the word 'payment' in Written Corpus Frequency: #2628

3. Nouns Frequency

   Rank popularity for the word 'payment' in Nouns Frequency: #455

How to pronounce payment?

1. 

   Alex

   US English

   

   Daniel

   British

   

   Karen

   Australian

   

   Veena

   Indian

How to say payment in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of payment in Chaldean Numerology is: 1

2. Pythagorean Numerology

   The numerical value of payment in Pythagorean Numerology is: 4

Examples of payment in a Sentence

1. Finance Minister Apisak Tantivorawong:

   This should make people go for e-payment quickly.

2. Jaime Rochin:

   We've already made the first payment to the first family.

3. Charles Burbridge:

   The need for long-term solutions is not erased with this payment.

4. Donald Trump:

   We did discuss the wall. We didn’t discuss payment of the wall.

5. Atanu Khatua:

   Payment is very easy because I anyway keep my Pay account loaded.

Images & Illustrations of payment

Popularity rank by frequency of use