Word PAYMENT: meanings, synonyms & antonyms

payment

🇺🇸 [ˈpeɪmənt]

Meanings

Payment refers to the act of giving money in exchange for something, or the amount of money given. It can be in the form of cash, credit, or other methods of transaction. Payment is often made for services, goods, or to settle debts.

Examples

• The payment for the purchase was made online.
• They missed the payment deadline for their utility bill.
• You can make a payment at the cashier's counter.

Synonyms

transaction • remittance • settlement

Antonyms

debt • arrears • owing