Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “payment”

payment

noun     /ˈpeɪ.mənt/
B2 [C or U] an amount of money paid : Usually we ask for payment on receipt of the goods . We need a deposit of £165 followed by twelve monthly payments of £60. When is the first payment due ?Earning money and money earned [S or U] reward : Verbal abuse was hardly the payment I expected for my troubles .Prizes, rewards and medals back payment an amount of money received by an employee because of a pay rise at an earlier time Forms of money and methods of payment
(Definition of payment noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
Focus on the pronunciation of payment

Browse related topics

You are looking at an entry to do with Prizes, rewards and medals, but you might be interested in these topics from the Giving and sharing topic area:

Definitions of “payment” in other dictionaries

Word of the Day

prenuptial agreement

an official document signed by two people before they get married that says what will happen to their possessions and/or children if they divorce (= officially stop being married)

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More