Definition, Meaning & Synonyms

payment-date

noun

/ˈpeɪmənt deɪt/

Definition

The specified date by which a payment is due or must be made.

Examples

Make sure to send your invoice before the payment-date to ensure timely processing.
The payment-date for the monthly subscription is the 15th of each month.

Meaning

Payment-date is the deadline for making a payment for goods or services. It indicates when the payment should reach the payee to avoid late fees or penalties.