payment
Word family
Synonym discussion
Sense: noun/1
For sense 1, payment is the broadest word for money that someone gives or has given. Fee is narrower and usually means money for a service, class, membership, or official process. Charge often names the amount a business asks for something, especially on a menu, receipt, or hotel statement. Bill is usually the document asking for money, though everyday speech sometimes uses it for the amount due. Instalment means one part of a larger amount paid over time, and deposit is money paid early to reserve something. You can make a payment on a loan, pay a visa fee, question a hotel charge, or leave a deposit for a hall booking.
Common collocations
Nouns
- cash payment
- card payment
- online payment
Phrases
- make a payment
- receive payment
Prepositions
- payment for
- payment by
- payment in
Etymology
Payment was formed in Middle English from pay plus the noun ending -ment. The verb pay came through French from Latin pacare, which first meant 'make peaceful' and later developed the idea of satisfying or settling what is owed.