Payment vs Amount - What's the difference?

payment | amount |


As nouns the difference between payment and amount

is that payment is (uncountable) the act of paying while amount is the total, aggregate or sum of material (not applicable to discrete numbers or units or items in standard english).

As a verb amount is

to total or evaluate.

Other Comparisons: What's the difference?

payment

English

Noun

  • (uncountable) The act of paying.
  • (countable) A sum of money paid in exchange for goods or services.
  • * , chapter=7
  • , title= The Mirror and the Lamp , passage=“[…] This is Mr. Churchill, who, as you are aware, is good enough to come to us for his diaconate, and, as we hope, for much longer; and being a gentleman of independent means, he declines to take any payment .” Saying this Walden rubbed his hands together and smiled contentedly.}}

    Synonyms

    *

    Derived terms

    * down payment * grease payment * lubrication payment * payment in kind

    amount

    English

    (Quantity)

    Noun

    (en noun)
  • The total, aggregate or sum of material (not applicable to discrete numbers or units or items in standard English).
  • A quantity or volume.
  • * {{quote-magazine, date=2013-07-26, author=(Leo Hickman)
  • , volume=189, issue=7, page=26, magazine=(The Guardian Weekly) , title= How algorithms rule the world , passage=The use of algorithms in policing is one example of their increasing influence on our lives.
  • The number (the sum) of elements in a set.
  • * 2001 , Gisella Gori, Towards an EU right to education , page 195:
  • The final amount of students who have participated to mobility for the period 1995-1999 is held to be around 460 000.

    Derived terms

    * principal amount * notional amount

    Verb

    (en verb)
  • To total or evaluate.
  • It amounts to three dollars and change.
  • To be the same as or equivalent to.
  • He was a pretty good student, but never amounted to much professionally.
    His response amounted to gross insubordination
  • (obsolete) To go up; to ascend.
  • * Spenser
  • So up he rose, and thence amounted straight.

    Derived terms

    * amount to

    See also

    * extent * magnitude * measurement * number * quantity * size