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Definition payment in British English

payment noun

noun
/ˈpeɪmənt/

▪ accept, authorize, delay, demand, enforce, make, meet, receive, secure, suspend, withhold

1

an amount of money that you pay or receive

Example

The first payment is due on 31 January.

Example

You have to make a payment of £55 every month.

Example

He failed to meet payments on his rent.

Example

Large cash payments had been made to four government ministers.

Synonyms and related words
2

the process of paying money

Example

We require prompt payment of all bills.

Example

Membership may be renewed on payment of further subscriptions.

Example

Many companies delay payment as long as they can.

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3

something that happens to you, as a reward or punishment for something that you have done

Example

Such treatment didn't seem like fair payment for his years of loyalty.

Synonyms and related words
Definition payment in British English