plural of payment
"The landlord accepted my monthly payments without any issues."
In plain English: Payments are money you give to someone to buy something or pay for a service.
"The payments arrived in my bank account on schedule."
Usage: Use "payments" to refer to multiple instances of money transferred to settle a debt or purchase goods and services, such as monthly mortgage installments. Do not confuse it with "pay," which is the act of giving money or the salary itself.
plural of Payment
"The landlord reminded all tenants that their monthly payments must be received by the fifth day to avoid late fees."
Derived from Old French paiement, this term traces back to Latin pagamentum (payment), which originally meant an act of paying or satisfaction. It entered English in the late 14th century with the core sense of money given for goods, services, or debts.