WordCmp.com

payment vs refund

refund vs payment

payment and refund both are nouns.

payment is not a verb while refund is a verb.

Word NounAdjectiveVerbAdverb
payment Yes No No No
refund Yes No Yes No
As nouns, refund is a hyponym of payment; that is, refund is a word with a more specific, narrower meaning than payment:
  • payment: the act of paying money
  • refund: the act of returning money received previously
Other hyponyms of payment include amortisation, amortization, fee splitting, overpayment, prepayment, ransom, repayment, remuneration, rendering, disbursal, disbursement, outlay, spending, tribute, underpayment.
As nouns, refund is a hyponym of payment; that is, refund is a word with a more specific, narrower meaning than payment:
  • payment: a sum of money paid or a claim discharged
  • refund: money returned to a payer
Other hyponyms of payment include royalty, bonus, incentive, overpayment, underpayment, subscription, regular payment, blood money, recompense, 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, deferred payment, cash, immediate payment.
payment (noun) refund (noun)
the act of paying money the act of returning money received previously
an act of requiting; returning in kind money returned to a payer
a sum of money paid or a claim discharged
payment (verb) refund (verb)
pay back
Difference between payment and refund

Words related to "payment"

Words related to "refund"

© WordCmp.com 2024, CC-BY 4.0 / CC-BY-SA 3.0.