Regular Payment (Noun)
Meaning
A payment made at regular times.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The bank requires a regular payment of $500 each month for the mortgage loan.
- To avoid late fees, she sets up a regular payment plan for her credit card bills.
- The car loan company expects a regular payment every two weeks for the next five years.
- The landlord insists on a regular payment of rent on the first day of each month.
- He arranged a regular payment from his salary to his savings account each month.