PAYMENT

[noun]A payment is an amount of money paid.a lump-sum payment [C]Usually we ask for payment on receipt of the goods. [U]We need a deposit of £165 followed by twelve monthly payments of £60. [C]The charity can also make a one-off payment for special cases. [C]When is the first payment due? [C](figurative) Verbal abuse was hardly the payment (= reward) I expected for my troubles. [U]A back payment is either a sum of money received by an employee because of a pay rise at an earlier time, or money given to a customer when a company has charged them too much.