payment

payment: noun

1 paying/being paid

ADJECTIVE

▪ immediate (esp. BrE), prompt

▪ late

▪ penalties for late payment of tax

▪ early (esp. BrE)

▪ full, part (esp. BrE), partial (esp. AmE)

▪ I enclose $65.50, in full payment of the bill.

VERB + PAYMENT

▪ make

▪ How do you want to make payment? (esp. BrE)

▪ I made the payment in cash.

▪ The department makes payments to farmers for providing improvement to water quality.

▪ authorize

▪ The buyer is required to enter a code to authorize payment.

▪ arrange for

▪ accept, take

▪ Do you accept payment by credit card?

▪ get, receive

▪ stop, suspend, withhold

▪ I have authorized the bank to stop payment of the cheque/check.

▪ refuse sb

▪ defer, delay

▪ We may have to defer payment for a week.

▪ demand

▪ guarantee

▪ The only way to guarantee payment is to sign a contract.

PAYMENT + VERB

▪ be due

PAYMENT + NOUN

▪ option, plan, schedule

▪ Some mortgage plans offer a bimonthly payment schedule.

PREPOSITION

▪ in payment

▪ He requested $8 000 in payment.

▪ in payment for, in payment of (BrE)

▪ Credit cards are accepted in payment for virtually anything.

▪ She wrote out a cheque in payment of the fees.

▪ on payment of

▪ He was released on payment of the ransom.

▪ payment for

▪ payment for work done

▪ payment from, payment to

▪ payment to the company from its customers

PHRASES

▪ a method of payment

▪ payment in advance

▪ The hostel requires full payment in advance.

▪ payment in full

▪ He demanded payment in full of the $300 000 owed to him.

2 amount of money paid

ADJECTIVE

▪ annual, monthly, etc.

▪ regular

▪ one-off, one-time (AmE), single

▪ All families of the victims will receive a one-off payment of $100 000.

▪ cash, lump-sum

▪ token

▪ generous

▪ minimum

▪ She was finding it difficult to make even the minimum payment on her credit card.

▪ advance, upfront

▪ down, initial

▪ additional, further, subsequent (both esp. BrE)

▪ interim (esp. BrE)

▪ final

▪ credit-card

▪ debt, loan

▪ insurance, interest, lease (esp. AmE), mortgage, rent, tax, tuition (AmE)

▪ alimony (esp. AmE), benefit, child-support, compensation, disability (esp. AmE), maintenance (BrE), royalty, severance, welfare

VERB + PAYMENT

▪ afford, keep up, meet

▪ My client was unable to meet her rent payments.

▪ increase

▪ lower, reduce

▪ You could lower your monthly mortgage payments by $160.

▪ collect

▪ It was my job to collect payment for the trip.

▪ deduct

▪ Companies deduct interest payments from their taxable income.

▪ guarantee

▪ The company guaranteed royalty payments of at least $590 million.

PREPOSITION

▪ in payments

▪ an extra $9 million in interest payments

▪ payment for

▪ a generous payment for his services

▪ payment from

▪ payments to the landlord from his tenants

▪ payment to

PHRASES

▪ the balance of payments (economics)

▪ measures designed to reduce the balance of payments deficit

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Synonyms:

Paying, discharge of a debt, settlement / Recompense, requital, reward, remuneration, compensation, fee / Chastisement, punishment

Look at other dictionaries:

payment — I (act of paying) noun acquittal, acquittance, amortization, amortizement, clearance, compensation, defrayal, defrayment, disbursement, discharge of a debt, expenditure, liquidation, outlay, quittance, receipt in full, reckoning, recompense,… … Law dictionary
Payment — Pay ment, n. [F. payment, paiement. See {Pay} to requite.] 1. The act of paying, or giving compensation; the discharge of a debt or an obligation. [1913 Webster] No man envieth the payment of a debt. Bacon. [1913 Webster] 2. That which is paid;… … The Collaborative International Dictionary of English
payment — (n.) late 14c., from O.Fr. paiement, from paiier (see PAY (Cf. pay) (v.)) … Etymology dictionary
payment — [n] fee; installment of fee acquittal, advance, alimony, amends, amortization, amount, annuity, award, bounty, cash, defrayal, defrayment, deposit, disbursement, discharge, down, fee, hire, indemnification, outlay, part, paying, pay off, pension … New thesaurus
payment — ► NOUN 1) the action of paying or the process of being paid. 2) an amount paid or payable … English terms dictionary
payment — [pā′mənt] n. 1. a paying or being paid 2. something that is paid 3. penalty or reward … English World dictionary
payment — The amount required to repay a loan, including interest and fees. Bloomberg Financial Dictionary * * * payment pay‧ment [ˈpeɪmənt] noun 1. [countable, uncountable] FINANCE an amount of money that must be or has been paid, or the act of paying it … Financial and business terms
Payment — A payment is the transfer of wealth from one party (such as a person or company) to another. A payment is usually made in exchange for the provision of goods, services or both, or to fulfill a legal obligation. The simplest and oldest form of… … Wikipedia
payment — The fulfilment of a promise, or the performance of an agreement. A discharge of an obligation or debt, and part payment, if accepted, is a discharge pro tanto. In a more restricted legal sense payment is the performance of a duty, promise, or… … Black's law dictionary
payment — pay|ment W1S2 [ˈpeımənt] n 1.) an amount of money that has been or must be paid ▪ You can make a payment in any bank. ▪ Employees may occasionally receive bonus payments . ▪ The country cannot meet the payments on its £80 billion foreign debt. ▪… … Dictionary of contemporary English

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payment

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