Definition, Meaning & Synonyms
pmt
abbreviation
P-M-T
Definition
PMT stands for ‘payment’, often used in finance and accounting contexts.
Examples
- The monthly pmt for the loan is due on the 15th.
- She calculated the pmt for her new car to budget her expenses.
- Understanding your pmt options can help you manage your finances better.
Meaning
It refers to the amount of money that is paid or received at regular intervals, usually in relation to a loan or investment.
Synonyms
- installment
- payment
- remittance
