Payment meaning in English

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Definition

a payment: a remuneration, an amount of money given for goods or services noun

Examples

  • "Now according to my calculations - and I'm never wrong - we've been waiting for payment for six months already!"
  • "Janine : It depends on the state but, in general, the payments are stopped after six months."
  • "Now, for the small matter of payment."
  • "326 days have passed since you confirmed receipt of the delivery, yet payment is still outstanding."
  • "Icarus : Well, we're lucky to have a number of new recruits in our team. We have a gang of snails who handle our outgoing payments."
  • "Bruno : Okay Harold, here's the deal: according to this bank statement your payments on this ranch alone are costing you over 50,000 dollars per month."
  • "Accounts Receivable are letters from people who owe us money – they might include checks, or requests to have payments deferred."
  • "Bruno : Okay Harold, according to this bank statement your payments on this ranch alone are costing you over 50,000 dollars per month."
  • "Perhaps we could offer partial payment for the position along with free tickets to Mickeyland;"
  • "If it does not arrive, with payment, in the next five days, then Delavigne will begin legal action."
  • "Icarus : We're lucky to have a number of new recruits in our team. We have a gang of snails who handle our outgoing payments."
  • "Medical payments"
  • "Icarus was also able to secure payment for the unpaid invoices you inquired about."
  • "This letter is your final notice for the long overdue payment on order number 4595442298561-49176 (10,000 units of Moulin Magic perfume)."
  • "Janine : This payment is based on your salary and, in general, is about 50 per cent of your weekly earnings."
Exercise 1
Let's take a closer look at some useful terms used in this invoice!

For each of the terms below, select the most appropriate definition or synonym!

A disclaimer is -->

Compensation is -->

To refund is to -->

To be held liable is to be -->
Let's take a closer look at some useful terms used in this invoice!

For each of the terms below, select the most appropriate definition or synonym!

A disclaimer is --> a refusal of responsibility 1

Compensation is --> payment for a loss 2

To refund is to --> reimburse 3

To be held liable is to be --> considered responsible 4
1 a refusal of responsibility: A "disclaimer" is used by companies to refuse responsibility: to explain that they cannot be held responsible for certain events or happenings. Example: "If you read the disclaimer, you will see that we are not responsible for your accident".
1 a final note: Although the "disclaimer" comes at the end of this invoice, the terms "disclaimer" and "final note" are unrelated in meaning.
1 an advertisement: The term "advertisement" refers to a paid "notice" or "announcement" for publicity purposes, usually made by a company wishing to sell its products. It does not share a similar meaning with "disclaimer".
1 a refund: A "refund" is money credited to someone for the return of a product or service which has been purchased. This is unrelated in meaning to the term "disclaimer".
2 payment for a loss: To "compensate" someone in this context is to pay them money as "reparation" or "reimbursement". We receive "compensation" when we return a "faulty" or "damaged" product, or when someone has caused us harm. Example: "I received compensation after I fell over at work".
2 payment: "Compensation" can take the form of financial "payment", but the two terms are not synonymous.
2 purchase: The term "purchase" refers to an item which one has "bought". It is unrelated in meaning to the term "compensation".
2 bill: A "bill" is an "invoice" and is unrelated in meaning to the term "compensation".
3 reimburse: To "refund" someone's money is to give it back or "return" it to them. This usually happens when customers have been provided with a faulty product or bad service. Example: "I got a refund for my concert ticket because the band only played for ten minutes".
3 resend: To "resend" means to "send again" and is unrelated in meaning to the term "refund".
3 return: To "return" an item means to "give it back" and is unrelated in meaning to the term "refund".
3 replace: To "replace" an item means to "change" or "swap" it, and is unrelated in meaning to the term "refund".
4 considered responsible: When we "hold someone liable (for a mistake)", we consider that they are "responsible for" or "guilty of" the error. Example: "Customers will be liable for any accidents and must pay for items they break".
4 found guilty: Judges "find someone guilty (of a crime)" in a legal, courtroom setting. This is not an appropriate synonym for "to be held liable".
4 given compensation: To "be given compensation" is to receive money as "reparation" or "reimbursement". This is not an appropriate synonym for "to be held liable".
4 likely: In a different context, "to be liable (to do something)" is to be "likely" to do it. However, this is not the meaning of "to be held liable" in this context.

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