payment

Definition

  • noun: the act of giving money for something
  • noun: the act of paying
  • synonyms: reward, recompense, requital

Examples

  • I had the bank 'stop payment on' the check. = I had a 'stop payment' (order) put on the check. [=I told the bank not to take money from my account to pay for the check]

  • Their family is struggling to 'meet the payments on' their house. = They're struggling to keep up (with) their 'mortgage payments'.

  • They agreed to pay $1,000 a year for five years and then make a 'balloon payment' of $50,000 at the end of the term.

Movie clips

Movie quotes

  • (..) OK, look.. If home-prices don't go up, You are not going to be able to refinance And you're going to be stuck paying whatever your monthly payment is once it jumps up, whenever your TISA-rate expires Your monthly's could go up two- to three hundred percent! James says i can always refinance! (..)
    2015 The Big Short
  • (..) if you offer us free money, we're going to take it My one concern is, is that.. eh.. when the bonds fail.. Eh... i want to be certain, of payment, in case of solvency issues with the bank. -I'm sorry, are you for real? You want to bet against the housing market, and you're worried we won't pay you? (..)
    2015 The Big Short