payment vs deferred payment

deferred payment vs payment

payment and deferred payment both are nouns.

Word	Noun	Adjective	Verb	Adverb
payment	Yes	No	No	No
deferred payment	Yes	No	No	No

As nouns, deferred payment is a hyponym of payment; that is, deferred payment is a word with a more specific, narrower meaning than payment:

payment: a sum of money paid or a claim discharged
deferred payment: arrangement for deferred payment for goods and services

Other hyponyms of payment include royalty, bonus, incentive, overpayment, underpayment, subscription, regular payment, blood money, recompense, refund, conscience money, support payment, reward, bribe, payoff, residual, benefit, lump sum, final payment, payoff, remission, remitment, remittal, remittance, quittance, repayment, token payment, penalty, pittance, insurance premium, premium, installment, deposit, down payment, satisfaction, credit, cash, immediate payment.

payment (noun)	deferred payment (noun)
the act of paying money	arrangement for deferred payment for goods and services
an act of requiting; returning in kind
a sum of money paid or a claim discharged

Difference between payment and deferred payment

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