Meaning & Definition of word "Payday"
to
Payday
/ˈpeɪ.deɪ/
noun:
- 1. The day on which a person is paid for their work or services.
- Example: Everyone looks forward to payday each month to settle their bills.
- 2. A day when financial transactions are settled.
- Example: The company's payday falls on the last Friday of every month.
- 3. A day marked by the payment of wages or salaries.
- Example: On payday, the employees receive their checks in the morning.
- 4. The occasion of receiving payment, often leading to increased spending.
- Example: Many people treat themselves to a nice dinner on payday.
Etymology
Combining 'pay' with 'day', referring to the day when payment is made.
Common Phrases and Expressions
Cash in hand:
Having cash immediately available, often on payday.
Payday loan:
A type of short-term borrowing where the loan is repaid on the borrower's next payday.
Every day is payday:
A phrase suggesting that one can earn or receive money at any time.
Related Words
salary:
A fixed regular payment, typically paid on a monthly basis.
wages:
A fixed regular payment earned for work, typically calculated on an hourly basis.
income:
Money received, especially on a regular basis, for work or through investments.
Slang Meanings of payday
Meaning: Cash day
Example Sentence: Got my cash day today and I'm ready to spend!
Meaning: Green day
Example Sentence: It's a green day for me since payday just hit!