payment

/ˈpeɪmənt/
noun
  1. The act of giving money in exchange for goods, services, or to settle a debt.
    • The landlord expects the rent payment on the first of each month.
    • She made a payment for the groceries using her credit card.
    • Online payment is fast and convenient.
  2. An amount of money that is paid.
    • The monthly payment for the car loan is $350.
    • The insurance company sent a payment to cover the damages.
    • He received a large payment for his work on the project.
  3. A reward or consequence, either good or bad, for something done.
    • The team's victory was payment for months of training.
    • He considered the criticism a fair payment for his mistake.
    • Hard work is its own payment in the end.
Antonyms