- 1[uncountable] payment (for something) the act of paying someone or something or of being paid payment in installments/in advance/by check/in cash There will be a penalty for late payment of bills. What method of payment do you prefer?
- 2[countable] payment (for something) a sum of money paid or expected to be paid a cash payment They are finding it difficult to meet the payments on their car. He agreed to make ten monthly payments of $150. see balance of payments, down payment
- 3[uncountable, singular] payment (for something) a reward or an act of thanks for something you have done synonym recompense We'd like you to accept this gift in payment for your kindness. Is this all the payment I get for my efforts? Idioms
- premium
- contribution
- subscription
- repayment
- deposit
- installments
- payment an amount of money that you pay or are expected to pay; the act of paying:ten monthly payments of $50 payment in advance
- premium an amount of money that you pay once or regularly for an insurance policy; an extra payment added to the basic rate; a higher amount of money than usual:an insurance premium a premium for express delivery
- contribution a sum of money that you pay regularly, often to your employer or the government, for benefits such as health insurance, a retirement plan, etc:You can increase your monthly contributions to your savings account.
- subscription an amount of money you pay in advance to receive regular copies of a newspaper or magazine, or to receive a service:a subscription to “Newsweek”
- repayment money that you pay to a bank, etc. until you have returned all the money that you owe; the act of paying this money:to set up a repayment plan
- deposit an amount of money that you pay as the first part of a larger payment; money that you put into a bank account:We've put down a 5% deposit on the house. I made a $500 deposit into my checking account.
- installments one of a number of payments that you make regularly over a period of time until you have paid for something:We paid for the car by/in installments.
- (a/an) annual/monthly/regular payment/premium/contributions/subscription/deposit/installments
- payment/repayment in full
- to pay a premium/a contribution/a subscription fee/a deposit/installments
- to make (a) payment/deposit
- to meet/keep up (with) (the) payment(s)/the premiums
when something has been paid Attendance is only allowed on payment of the full registration fee. Thesauruspayment
Check pronunciation: payment