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payment

/ˈpeɪmənt/noun

Money handed over in return for goods or services, or the act of handing it over.

Example sentences

  • “Your first payment is due at the end of the month.”
  • “The shop accepts payment by card or cash.”

You make a payment or fall behind on payments; 'do a payment' is nonstandard.

Synonyms for payment

  • remittance
  • settlement

Related words