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📕 rednote ID(小红书号)：3881567312

Payment Definition, Usage & Key Examples (2 meaning)

Meaning 1：act of paying (payment)

payment 🔊

/ˈpeɪmənt/

the action of giving money to someone in exchange for goods or services.

Payment illustration: person using smartphone for contactless transaction at coffee shop.

act of paying 🔊

➕

/ækt əv ˈpeɪɪŋ/

The action of giving money in exchange for goods or services.

📁 Category：Social Economy 🔖 Level：beginner

📘 Details & Usage

📖 Root Explanation

From Latin 'pacare' (to pacify) via Old French, with suffix '-ment' indicating action.

💡 Mnemonic

Think 'pay' + 'ment' – paying money brings contentment.

📖 Example

The store accepts credit card payment at the checkout counter. 🔊 At the checkout counter, the store allows payment using a credit card.

🔗 Collocations

make a payment – to complete the act of paying money

payment method – the way in which payment is made, such as cash or card

credit card payment – payment made using a credit card

🔄 Synonyms

remittance (n.) – the transfer of money, especially as payment

settlement (n.) – the payment of a debt or claim

disbursement (n.) – the payment of money from a fund

🚫 Antonyms

nonpayment (n.) – failure to pay a debt or charge

default (n.) – failure to fulfill an obligation, especially to repay a loan

🌱 Derivatives

pay (v.) – to give money in exchange for goods or services

payable (adj.) – requiring payment or able to be paid

payer (n.) – a person or entity that makes a payment

📖 Cultural Story

Derived from Latin 'pacare', meaning to appease or settle a debt. Historically, payment pacified creditors. Now ubiquitous in commerce and legal systems.

Meaning 2：sum of money paid (payment)

payment 🔊

/ˈpeɪmənt/

a specific sum of money that is paid or needs to be paid.

Payment concept: close-up of invoice showing payment due amount highlighted on desk.

sum of money paid 🔊

➕

/sʌm əv ˈmʌni peɪd/

A specific amount of money that is given or required as payment.

📁 Category：Laws & Regulations 🔖 Level：beginner

📘 Details & Usage

📖 Example

The total tuition fee can be made in one lump-sum payment at the beginning of the semester. 🔊 The entire tuition cost can be paid as a single payment at the start of the semester.

🔗 Collocations

lump-sum payment – a single payment for the total amount

payment due – the amount of money that must be paid by a certain date

monthly payment – a payment made every month

🔄 Synonyms

installment (n.) – a sum of money due as one of several equal payments for something

premium (n.) – a periodic payment for insurance

fee (n.) – a payment made for professional services

🚫 Antonyms

credit (n.) – money available for borrowing or an entry recording a sum received

refund (n.) – a repayment of money

🌱 Derivatives

pay (v.) – to give money in exchange for goods or services

payable (adj.) – requiring payment or able to be paid

payer (n.) – a person or entity that makes a payment