payday

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payday

It's payday, so I'm going to deposit my check at the bank.

Definition
  1. Noun:
    • The specific day on which an employee receives their wages or salary for work performed: This is the regular, scheduled date when payment is issued by an employer.
Usage
  • Payday is used to refer to the fixed, recurring day (e.g., every Friday, the 15th of the month) when one gets paid.
  • It is typically modified by words like , , , or .
  • It often appears in contexts discussing personal finance, budgeting, or work routines.
Examples
Advanced Usage
  • "Payday weekend": The weekend following or containing payday, often associated with increased spending or social activities.
    • The bars are always busy on a payday weekend.
  • "Payday loan": A short-term, high-interest loan intended to cover expenses until the borrower's next payday. (Note: This is a compound term listed here as it is a common financial term directly derived from the concept.)
    • He took out a payday loan to cover an emergency car repair.
Variants and Related Words
  • Pay (verb/noun): To give money for work or goods; the money received for work.
  • Paycheck/Payslip (noun): The physical check, direct deposit notification, or slip detailing the amount of pay received on payday.
Synonyms
  • Wage day
  • Salary day
Idioms and Common Phrases
  • "It's like Christmas on payday": An expression indicating great excitement or relief when payday arrives, often because one can finally afford things they need or want.
    • When I finally bought groceries after being broke, it felt like Christmas on payday.
  • "Living from payday to payday": Describes a financial situation where a person spends their entire paycheck to cover expenses before the next one arrives, with little or no savings.
    • With the high cost of living, many people are just living from payday to payday.
payday

It's payday, so I'm going to deposit my check at the bank.

Noun
  1. the day on which you receive pay for your work