Definition, Meaning & Synonyms

payment-amount

Noun
/ˈpeɪ mənt əˈmaʊnt/
Definition
The total sum of money that is due to be paid for a product or service.
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.
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.
Synonyms
  • Price
  • Cost
  • Charge
  • Fee
  • Remittance