noun
- amounts of money given to someone for goods, services, or debts
Usage: plural of payment
Examples
- Monthly mortgage payments are due on the first of each month.
- The company processes credit card payments automatically.
- She made three equal payments to pay off her student loan.
- Online payments have become increasingly popular.
- The contractor requires payments in advance for materials.
- Late payments may result in additional fees.
- Electronic payments are faster than checks.