Most people now use electronic payment systems.
Most people now use electronic payment systems.
English
payment
ˈpeɪmənt, ˈpeɪ.mənt
Meaning: an amount of money that is paid
Listen to pronunciation
Example sentences
The first payment is due at the end of the month.
The first payment is due at the end of the month.
Please remit payment by the end of the month.
Please remit payment by the end of the month.
The lawyer drafted an addendum to the contract to include the new payment terms.
The lawyer drafted an addendum to the contract to include the new payment terms.
As the mortgagor, he is responsible for making monthly payments to the bank.
As the mortgagor, he is responsible for making monthly payments to the bank.
Usage Notes
Refers both to the sum of money being paid and the act of paying itself. Common in financial contexts like loans, rent, or services.
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