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PAYMENT
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I. (noun)
Sense 1
Meaning:
The act of paying money
Synonyms:
Classified under:
Nouns denoting acts or actions
Hypernyms ("payment" is a kind of...):
commerce; commercialism; mercantilism (transactions (sales and purchases) having the objective of supplying commodities (goods and services))
Hyponyms (each of the following is a kind of "payment"):
underpayment (the act of paying less than required)
tribute (payment by one nation for protection by another)
disbursal; disbursement; outlay; spending (the act of spending or disbursing money)
rendering (giving in acknowledgment of obligation)
remuneration (the act of paying for goods or services or to recompense for losses)
refund; repayment (the act of returning money received previously)
ransom (payment for the release of someone)
prepayment (payment in advance)
overpayment (the act of paying too much)
fee splitting (payment (usually by doctors or lawyers) of part of the fee in return for the referral)
amortisation; amortization (payment of an obligation in a series of installments or transfers)
Antonym:
nonpayment (the deliberate act of failing to pay money)
Derivation:
pay (give money, usually in exchange for goods or services)
pay (cancel or discharge a debt)
pay (discharge or settle)
Sense 2
Meaning:
An act of requiting; returning in kind
Synonyms:
payment; requital
Classified under:
Nouns denoting acts or actions
Hypernyms ("payment" is a kind of...):
getting even; paying back; return (a reciprocal group action)
Sense 3
Meaning:
A sum of money paid or a claim discharged
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("payment" is a kind of...):
cost (the total spent for goods or services including money and time and labor)
Hyponyms (each of the following is a kind of "payment"):
benefit (financial assistance in time of need)
lump sum (a complete payment consisting of a single sum of money)
final payment; payoff (the final payment of a debt)
remission; remitment; remittal; remittance (a payment of money sent to a person in another place)
quittance; repayment (payment of a debt or obligation)
token payment (a small payment made in acknowledgement of an obligation)
penalty (a payment required for not fulfilling a contract)
pittance (an inadequate payment)
insurance premium; premium (payment for insurance)
installment (a payment of part of a debt; usually paid at regular intervals)
deposit; down payment (a partial payment made at the time of purchase; the balance to be paid later)
satisfaction ((law) the payment of a debt or fulfillment of an obligation)
credit; deferred payment (arrangement for deferred payment for goods and services)
cash; immediate payment (prompt payment for goods or services in currency or by check)
residual ((often plural) a payment that is made to a performer or writer or director of a television show or commercial that is paid for every repeat showing)
bribe; payoff (payment made to a person in a position of trust to corrupt his judgment)
reward (payment made in return for a service rendered)
support payment (a payment made by one person for the support of another)
conscience money (payment made voluntarily to reduce guilt over dishonest dealings)
refund (money returned to a payer)
recompense (payment or reward (as for service rendered))
blood money (paid to a hired murderer)
regular payment (a payment made at regular times)
subscription (a payment for consecutive issues of a newspaper or magazine for a given period of time)
underpayment (a payment smaller than needed or expected)
overpayment (a payment larger than needed or expected)
bonus; incentive (an additional payment (or other remuneration) to employees as a means of increasing output)
royalty (payment to the holder of a patent or copyright or resource for the right to use their property)
Antonym:
nonpayment (loss resulting from failure of a debt to be paid)
Derivation:
pay (give money, usually in exchange for goods or services)
pay (cancel or discharge a debt)
pay (discharge or settle)
Context examples:
The process of requesting payment of a debt for goods or services.
(Billing, NCI Thesaurus)
A computer-based tracking and submission system for statements, bills, invoices, and related information corresponding to the payment for goods or services.
(Electronic Billing System, NCI Thesaurus)
Fee-for-service plans contrast with salary, per capita, and prepayment systems, where the payment does not change with the number of services actually used or if none are used.
(Fee for Service Payment Method, NLM, Medical Subject Headings)
Then there was a payment of bets, and money clinked in Beauty Smith's hand.
(White Fang, by Jack London)
We both recommended a small sum in money, and the payment, without stipulation to Mr. Micawber, of the Uriah claims as they came in.
(David Copperfield, by Charles Dickens)
Why should I slink away without having carried out my commission, and without the payment which was my due?
(The Adventures of Sherlock Holmes, by Sir Arthur Conan Doyle)
I offered to leave my goods in security for payment of my freight: but the captain protested he would not receive one farthing.
(Gulliver's Travels into several remote nations of the world, by Jonathan Swift)
A person working for another person or a business firm on a full- or part-time basis and who receives payment for this work.
(Employee, NCI Thesaurus)
In order to obviate any delays possible through any routine requirements as to payment in your departments, we enclose cheque herewith for ten pounds (£10), receipt of which please acknowledge.
(Dracula, by Bram Stoker)
Payment by a third-party payer in a sum equal to the amount expended by a health care provider or facility for health services rendered to an insured or program beneficiary.
(Insurance, Health, Reimbursement, NLM, Medical Subject Headings)
