What do you call a payment?
payment (noun as in fee; installment of fee) Strongest matches. amount award cash deposit disbursem*nt fee outlay pension premium refund reimbursem*nt remittance reparation repayment restitution return reward royalty salary settlement subsidy sum support wage.
Some common synonyms of pay are compensate, indemnify, recompense, reimburse, remunerate, repay, and satisfy. While all these words mean "to give money or its equivalent in return for something," pay implies the discharge of an obligation incurred.
Payment is the exchange of money, goods, or services for goods and services in an acceptable amount to both parties and has been agreed upon in advance. You can pay with cash, a check, a wire transfer, a credit card, a debit card, or even cryptocurrency.
allowance compensation fee income payment profit reimbursem*nt remuneration reward salary stipend wage.
A payee is a party in an exchange of goods and services who receives payment. The payee provides goods and services to the payer who obtains them through the exchange of value (most often money). Payees may also be more than one party in a transaction and sometimes they are the same party.
chump change coins Mickey Mouse nickels and dimes paltry sum peanuts pin money pittance pocket money small amount of money small change small potatoes spending money. small amount (noun as in chump change) Weak matches.
antonyms: nonpayment. the deliberate act of failing to pay money.
come around come by drop by drop in drop over go over to go to see look around look in on look up pay a visit to pop in stay with step in stop by stop off swing by take in.
monthly contribution | monthly dues |
---|---|
monthly premium | monthly subscription |
monthly remittance | monthly repayment |
monthly bill | monthly installment |
monthly pay | monthly remuneration |
If a payment is made up front, it is made in advance and openly, so that the person being paid can see that the money is there. For the first time the government's actually put some money up front. Some companies charge a fee up front, but we don't think that's right.
What is the word for monthly payment?
Plural for payment of money on a monthly basis. monthly remittances. monthly repayments. monthly bills. monthly installments.
Both "I received the money" and "I have received the money" are correct, but they convey slightly different nuances. "I received the money" indicates that the action of receiving the money is complete and happened at some specific point in the past.
payment. / (ˈpeɪmənt) / noun. the act of paying. a sum of money paid.
Dear {first name} and team, Please find a copy of your invoice {Invoice number} due {due date} attached for the amount of {amount due}. Please remit payment at your earliest convenience prior to the due date. If you need additional information on making r payments please let me know.
noun. : a customer who buys something. We're trying to attract more paying customers through our website.
Examples of pay in a Sentence
Noun He has been suspended without pay pending the results of the investigation. Each pay period begins on the first of the month. Workers received a $4,000 pay increase. I took a significant pay cut when I took this job, but I think it was worth it.
During a financial transaction, the person paying money in exchange for a product or service is the payer. A payer may also sometimes be called a payor which means the same thing, and we explain the difference in spelling further below.
I'm contacting you in regard to invoice #001. This is a friendly reminder that the payment was due on Thursday, November 30 and is now two weeks past due. Please send payment as soon as possible by check or direct transfer. As per my payment terms, you will be charged a late fee of 2% per month for overdue payment.
monthly contribution | monthly dues |
---|---|
monthly premium | monthly subscription |
monthly remittance | monthly repayment |
monthly bill | monthly installment |
monthly pay | monthly remuneration |
The invoice was due on [due date], and payment is now overdue by [number of days overdue]. Be advised that late payment interest may be applied if we do not receive payment within 30 days. Let us know when we can expect to receive payment for the outstanding invoice.
How do you politely ask for payment in text example?
Here are some sample messages you could use: Template 1: "We wanted to remind you that a balance is still due on the service invoice. Please take care of this payment as soon as possible to avoid late fees." Template 2: "As a friendly reminder, your invoice for the service is coming due soon.
To write a polite payment request email, start by addressing the customer by name. Then, state the amount that is due and provide details about the service that you have provided. Finally, thank the customer for their business and let them know how to get in touch with you if they have any questions or concerns.
- Clearly explain who you are and your business.
- Tell them why you are calling.
- Avoid bringing up anything not related to invoice payment.
- Speak clearly and politely.
- Don't make any accusations regardless of how heated your customer may become.