mercredi 7 mai 2014

Notes on usage: Payment

Premium - Contribution - Subscription - Repayment - Deposit - Instalment

 

These are all words for an amount of money that you pay or are expected to pay, or for the act of paying.

 

Payment an amount of money that you pay or are expected to pay; the act of paying: Ten monthly payments of $50. | Payment in advance.
Premium an amount of money that you pay once or regularly for an insurance policy; an extra payment added to the basic rate; a higher amount of money than usual: An insurance premium. | A premium for express delivery.
Contribution a sum of money that you pay regularly to your employer or the government in order to pay for benefits such as health insurance, a pension, etc.: You can increase your monthly contributions to the pension plan.
Subscription an amount of money you pay in advance to receive regular copies of a newspaper or magazine or to receive a service: A subscription to ‘Newsweek’.
Repayment (BrE] an amount of money that you pay regularly to a bank, etc. until you have returned all the money that you owe; the act of paying this money: The repayments on the loan.
Deposit an amount of money that you pay as the first part of a larger payment: We’ve put down a 5% deposit on the house.
Instalment one of a number of payments that you make regularly over a period of time until you have paid for sth: We paid for the car by/in instalments.

 

PATTERNS
*(a/an) annual/monthly/regular payment/premium/contributions/subscription/repayment/deposit/ instalment
*payment/repayment in full
*to pay a(n) premium/contribution/subscription/ deposit/instalment
*to make (a) payment/repayment/deposit
*to meet/keep up (with) (the) payment(s)/the premiums/(the) repayment(s)/the instalments

 

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Top Tips Abz Ingles - Notes on usage - Synonyms
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See also:

Common Phrasal Verbs Irregular Verbs List
Common Sentences Errors Frequently confused words
Common Clichés Thematic list of Idioms
Common misspellings Phrasal Verbs Particles list
Common Preposition Lista de Términos Gramaticales

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