Definition, Meaning & Synonyms
payment-amount
Noun
/ˈpeɪ mənt əˈmaʊnt/
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Definition
The total sum of money that is due to be paid for a product or service.
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Examples
- The payment amount for the new car was finalized after negotiations.
- She checked the payment amount due for her monthly utility bills.
- The payment amount can vary depending on the service provider.
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Meaning
Payment-amount refers to the specific financial value that a buyer is obligated to pay for a transaction, encompassing the cost of goods or services plus any applicable taxes, fees, or charges.
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Synonyms
- Price
- Cost
- Charge
- Fee
- Remittance