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payments

/ˈpeɪmənts/
Meanings
  • Noun

    The act of making or receiving a monetary transfer.

    - "He made the payments on time every month."
    - "The company issued a refund for the damaged product."
  • Noun

    A sum of money received or to be received.

    - "The rent payment is due on the first of the month."
    - "I'll need to make a large payment on my credit card soon."
Pronunciation
  1. /ˈpeɪmənts/



    Source: "https://commons.wikimedia.org/w/index.php?curid=2100484"
Synonyms

scot
Rhymes
Words rhyming with payments
stayments , playments , displayments
Homophones
Words having the same pronunciation but different meanings, origins, or spelling,

  1. payments (Spanish) : payments, reimbursements

  2. payments (French) : payments, compensation

Variants
List of all variants of payments that leads to same result
payment , payments , balance of payments , balances of payments , copay , co-pay , copayment , co-payment , copays , co-pays , copayments , co-payments , down payment , down payments , stop payment , stop payments , transfer payment , transfer payments
Forms
Different forms of the word (e.g., verb conjugations, plural forms, comparative/superlative forms for adjectives).

pay, payment, payments, payable, paying

Etymology
origin and the way in which meanings have changed throughout history.

The term 'payments' comes from the Old French word 'payier,' meaning 'to pay.'

Trivia
Any details, considerations, events or pieces of information regarding the word

  1. Did you know that the first recorded use of a payment system was in ancient Egypt around 3000 BC?

  2. The largest payment ever made was by Saudi Arabia, who paid France $52.5 billion for military equipment in 2010.

Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

  1. Transaction: A payment is a type of transaction where money is transferred from one party to another.

  2. Payment gateway: A payment gateway is a service that authorizes credit card or direct payments processing for e-businesses.

  3. Payment system: A payment system is a network that enables financial transactions between different parties.

Culture
Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Payments have been an essential aspect of human society since ancient civilizations. They have been used for various purposes, such as tribute, taxes, and trade. In literature, the concept of payments is often explored in the context of debts and financial struggles.

How to Memorize "payments"

  1. visualize

    - Imagine a stack of bills or coins representing a payment.
    - Visualize transferring money electronically from one account to another.

  2. associate

    - Associate the word 'payments' with the feeling of financial security.
    - Connect it with the idea of settling debts or obligations.

  3. mnemonics

    - Remember the phrase 'Payments are a must-have for a stable financial life.'

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