noun

payment

PAY-muhnt

noun

The act of paying, or a sum of money paid for goods, services, or a debt.

"The final payment on the loan is due next week."

"We accept payment by card or bank transfer."

How to Use Payment

Learner’s notes

In plain EnglishMoney handed over to settle a bill, debt, or purchase.

Common pairings

make a payment monthly payment payment plan

payments plural, Payments plural

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The final _____ on the loan is due next week.

From Old French paiement, from "pay" plus the suffix "-ment."

enjoyment repayment employment unemployment