payment

noun

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

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 cash, credit cards, and other methods of payment Our records show that we received a payment of $215.36 in May. Buy this product for three easy payments of only $19.95! It took me five years to pay off the car, but I never missed a payment. making payments on a loan The credit card company just increased the penalty on late payments.
Recent Examples on the Web Republican attorneys general in 18 states have sued to stop the Saving on a Valuable Education program, which lowers monthly student loan payments and offers a shorter path to loan forgiveness. Jacob Bogage, Washington Post, 5 July 2024 After these threats, residents made monthly extortion payments while simultaneously reporting the situation to authorities. Karol Suárez, USA TODAY, 5 July 2024 But when Maxwell’s health took a turn, Bureau of Pensions records show, his application for disability payments from the military was denied. Alexia Fernández Campbell, Essence, 4 July 2024 Taking its cue from article 1240 of France’s Civil Code, parasitism is defined as one party following in the footsteps of another party’s efforts and know-how to benefit from their enterprise without seeking permission or making payment. Melanie Goodfellow, Deadline, 4 July 2024 See all Example Sentences for payment 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'payment.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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

Dictionary Entries Near payment

Cite this Entry

“Payment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/payment. Accessed 15 Jul. 2024.

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

More from Merriam-Webster on payment

Last Updated: - Updated example sentences
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