Definition & Meaning of "payment"in English

Payment

an amount of money that is paid for something

Grammatical Information

Animacy status

Abstract

Composition

Compound

Countable

singular

not gender specific

Plural form

payments

Examples

His monthly payment for the loan is $200.

the act or process of paying or being paid money

an act of requiting; returning in kind

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Lexical Tree

nonpayment

overpayment

prepayment

payment

pay

Nearby Words