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Payment vs Contribution - What's the difference?

payment | contribution |

As nouns the difference between payment and contribution

is that payment is the act of paying while contribution is something given or offered that adds to a larger whole.

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

    contribution

    English

    Noun

    (en noun)
  • Something given or offered that adds to a larger whole.
  • An amount of money given toward something.
  • The act of contributing.