payment

IPA: pˈeɪmʌnt

noun

  • (uncountable) The act of paying.
  • (countable) An instance of that act; a sum of money paid in exchange for goods or services, or the transaction that conveys it.
  • A surname from French.
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Examples of "payment" in Sentences

  • Yearly minimum payment increases of about 7.5 of base minimum payment\%?
  • Fees will increase depending on the level of effort necessary to obtain payment from the vehicle owner.
  • This latest “twist” would promise providers a 10-15 percent boost in payment from the current Medicare rates (bringing the payments of the public option closer to what private insurers now pay) but would allow the government to use the new public program to spearhead payment reforms that would, in the long run, lower overall health care spending.

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synonyms for paymentdescribing words for payment
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