defrayment
/di'freiəl/ Cách viết khác : (defrayment) /di'freimənt/
Definition
Noun: - The act of paying money: Defrayment refers specifically to the action or process of providing payment, typically to cover costs, expenses, or a debt. It emphasizes the act of settling a financial obligation.
Usage
"Defrayment" is a formal term used in financial, business, or legal contexts. It describes the action of making a payment, often to cover incurred expenses. It is less common in everyday conversation than simpler synonyms like "payment."
Examples
- The prompt defrayment of the invoice ensured continued good relations with the supplier.
- His responsibilities included the defrayment of all travel expenses for the department.
- The contract stipulated the defrayment of the full amount within 30 days.
Advanced Usage
- "Defrayment of costs": A common collocation specifying that the payment is for covering specific costs.
- The grant was conditional upon the defrayment of costs related to the research equipment.
Variants and Related Words
- Defray (verb): To provide money to cover a cost or expense.
- The company will defray the costs of the conference.
- Defrayable (adjective): Capable of being paid for.
- The expenses were deemed defrayable under the policy.
Synonyms
- Payment: The act of paying money.
- Settlement: The act of paying off a debt or claim.
- Disbursement: The payment of money from a fund.
Antonyms
- Nonpayment: A failure to pay what is due.
- Default: Failure to fulfill an obligation, especially to repay a loan.
Noun
-
the act of paying money
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