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Payment vs Multipayer - What's the difference?

payment | multipayer |

As a noun payment

is the act of paying.

As an adjective multipayer is

involving payment by more than one party.

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

    multipayer

    English

    Adjective

    (-)
  • (chiefly, healthcare) Involving payment by more than one party.
  • * 2004 , Martin A. Levin, Martin M. Shapiro, Transatlantic policymaking in an age of austerity: diversity and drift (page 17)
  • Single-payer systems tend to rely heavily on general tax revenues, whereas multipayer systems generally employ payroll-tax financing.

    See also

    *chargemaster