Payment (Noun)

Meaning ¹

A sum of money paid or a claim discharged.

Classification

Nouns denoting possession and transfer of possession.

Examples

• The company made a payment of $10,000 to settle the outstanding debt.
• She received a payment of $500 as compensation for her work on the project.
• The payment for the new smartphone was due on the 15th of the month.
• The charity received a generous payment from an anonymous donor.
• The payment of the loan was spread over 5 years with monthly installments.

Antonyms

• Nonpayment

Hyponyms

• Deposit
• Quittance
• Remittal
• Immediate Payment
• Remission
• Insurance Premium
• Final Payment
• Incentive
• Payoff
• Deferred Payment
• Remitment

Related Words

• Pay (verb)

Meaning ²

The act of paying money.

Classification

Nouns denoting acts or actions.

Synonyms

• Defrayal
• Defrayment

Antonyms

• Nonpayment

Hypernyms

• Commercialism
• Mercantilism

Hyponyms

• Disbursal
• Disbursement
• Amortisation
• Repayment
• Outlay

Related Words

• Pay (verb)

Meaning ³

An act of requiting; returning in kind.

Classification

Nouns denoting acts or actions.

Synonyms

• Requital

Hypernyms

• Return
• Getting Even