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payment

Pronunciation: /ˈpeɪm(ə)nt/
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Definition of payment

noun

  • 1 [mass noun] the action or process of paying someone or something or of being paid:ask for a discount for payment by cash [count noun]:three interest-free monthly payments
  • 2an amount paid or payable:a compensation payment of £2500
  • [mass noun] something given as a reward or in recompense for something done:a suit with a velvet collar that I got as payment for being in the show

Origin:

late Middle English: from Old French paiement, from payer 'to pay'

payment in other Oxford dictionaries

Definition of payment in the US English dictionary
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