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

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
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.
Kilpatrick was also approved for a payment plan. Dejanay Booth-Singleton, CBS News, 3 Apr. 2026 Miami-Dade’s then-program administrator, Cristina Reboredo Leon, streamlined the process by having the Alliance for Aging — a county program that oversees such payments — expedite the monthly subsidies. Carol Marbin Miller, Miami Herald, 2 Apr. 2026 Specifically, Morris asked Gateway for a one-time payment of $1 million and an annual retirement package of $600,000 to $800,000 for the rest of the couple’s lives, according to Tarrant County court documents filed by the church. Lillie Davidson, Fort Worth Star-Telegram, 2 Apr. 2026 The defendants billed Medicare for reimbursement payments for hospice care for patients over several years, federal officials said, but many of those patients were not terminally ill. Richard Winton, Los Angeles Times, 2 Apr. 2026 See All Example Sentences for payment

Word History

First Known Use

14th century, in the meaning defined at sense 2

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

Cite this Entry

“Payment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/payment. Accessed 4 Apr. 2026.

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

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