Meaning of the word payments in English
What does payments mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
payments
US /ˈpeɪ.mənts/
UK /ˈpeɪ.mənts/
Plural Noun
1.
the action or process of paying someone or something, or of being paid
Example:
•
She made her monthly loan payments on time.
•
The company processes thousands of payments daily.
2.
an amount paid or payable
Example:
•
The insurance company sent out the compensation payments.
•
He receives regular payments from his pension fund.