Definition, Meaning & Synonyms
pay-a-claim
verb phrase
/peɪ ə kleɪm/
Definition
To make a payment in satisfaction of a claim or obligation, often used in the context of insurance or legal settlements.
Examples
- After the accident, the insurance company decided to pay a claim to cover the damages.
- She had to wait several weeks before she could pay the claim for her medical expenses.
- The resolution of the dispute came when both parties agreed to pay a claim for the losses incurred.
Meaning
The act of fulfilling a financial obligation related to a claim, typically following an agreement or a judgement.
Synonyms
- settle a claim
- discharge an obligation
- fulfill a claim
