PAYMENT

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does payment mean? 

• PAYMENT (noun)
  The noun PAYMENT has 3 senses:

1. a sum of money paid or a claim discharged

2. the act of paying money

3. an act of requiting; returning in kind

  Familiarity information: PAYMENT used as a noun is uncommon.

 Dictionary entry details 

• PAYMENT (noun)

Sense 1

Meaning:

A sum of money paid or a claim discharged

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("payment" is a kind of...):

cost (the total spent for goods or services including money and time and labor)

Hyponyms (each of the following is a kind of "payment"):

benefit (financial assistance in time of need)

cash; immediate payment (prompt payment for goods or services in currency or by check)

lump sum (a complete payment consisting of a single sum of money)

final payment; payoff (the final payment of a debt)

remission; remitment; remittal; remittance (a payment of money sent to a person in another place)

quittance; repayment (payment of a debt or obligation)

token payment (a small payment made in acknowledgement of an obligation)

penalty (a payment required for not fulfilling a contract)

pittance (an inadequate payment)

insurance premium; premium (payment for insurance)

installment (a payment of part of a debt; usually paid at regular intervals)

deposit; down payment (a partial payment made at the time of purchase; the balance to be paid later)

satisfaction ((law) the payment of a debt or fulfillment of an obligation)

credit; deferred payment (arrangement for deferred payment for goods and services)

residual ((often plural) a payment that is made to a performer or writer or director of a television show or commercial that is paid for every repeat showing)

bribe; payoff (payment made to a person in a position of trust to corrupt his judgment)

reward (payment made in return for a service rendered)

support payment (a payment made by one person for the support of another)

conscience money (payment made voluntarily to reduce guilt over dishonest dealings)

refund (money returned to a payer)

recompense (payment or reward (as for service rendered))

blood money (paid to a hired murderer)

regular payment (a payment made at regular times)

subscription (a payment for consecutive issues of a newspaper or magazine for a given period of time)

underpayment (a payment smaller than needed or expected)

overpayment (a payment larger than needed or expected)

bonus; incentive (an additional payment (or other remuneration) to employees as a means of increasing output)

royalty (payment to the holder of a patent or copyright or resource for the right to use their property)

Antonym:

nonpayment (loss resulting from failure of a debt to be paid)

Derivation:

pay (give money, usually in exchange for goods or services)

pay (cancel or discharge a debt)

pay (discharge or settle)

Sense 2

Meaning:

The act of paying money

Classified under:

Nouns denoting acts or actions

Synonyms:

defrayal; defrayment; payment

Hypernyms ("payment" is a kind of...):

commerce; commercialism; mercantilism (transactions (sales and purchases) having the objective of supplying commodities (goods and services))

Hyponyms (each of the following is a kind of "payment"):

fee splitting (payment (usually by doctors or lawyers) of part of the fee in return for the referral)

amortisation; amortization (payment of an obligation in a series of installments or transfers)

underpayment (the act of paying less than required)

tribute (payment by one nation for protection by another)

disbursal; disbursement; outlay; spending (the act of spending or disbursing money)

rendering (giving in acknowledgment of obligation)

remuneration (the act of paying for goods or services or to recompense for losses)

refund; repayment (the act of returning money received previously)

ransom (payment for the release of someone)

prepayment (payment in advance)

overpayment (the act of paying too much)

Antonym:

nonpayment (the deliberate act of failing to pay money)

Derivation:

pay (give money, usually in exchange for goods or services)

pay (cancel or discharge a debt)

pay (discharge or settle)

Sense 3

Meaning:

An act of requiting; returning in kind

Classified under:

Nouns denoting acts or actions

Synonyms:

payment; requital

Hypernyms ("payment" is a kind of...):

getting even; paying back; return (a reciprocal group action)

 Context examples 

In that case, you would want to prioritize that payment.

(AstrologyZone.com, by Susan Miller)

Also, I say that darkness and light and where we go when we die be different things from the matter of payment of just debt for bad water.

(Love of Life and Other Stories, by Jack London)

A coded value specifying the method by which payment is delivered.

(Payment Method Code, NCI Thesaurus)

Cornelius might be a broker, but we have found no scrip to correspond with these large payments.

(The Return of Sherlock Holmes, by Sir Arthur Conan Doyle)

The Indians were to have the remainder as a reward for their services and as payment for taking our letters back to the Amazon.

(The Lost World, by Sir Arthur Conan Doyle)

On the other hand, his payments were princely.

(His Last Bow, by Sir Arthur Conan Doyle)

There were unexpected checks for English serial rights and for advance payments on foreign translations.

(Martin Eden, by Jack London)

To be tied down to the regular payment of such a sum, on every rent day, is by no means desirable: it takes away one's independence.

(Sense and Sensibility, by Jane Austen)

Due to their use as a means of payment, mobile phones are equipped with another short-range communication link for reading credit cards and RFID tags, more properly known as near-field communication, or NFC.

(Scientists design platform to conduct chemical analysis using a smartphone, University of Granada)

The act of requesting that a person, business, or organization supply something in return for payment.

(Order, NCI Thesaurus)