counterpayment
counterpayment noun: a payment made to recompense, in part or in full, someone who has made a payment.
Noun
counterpayment (plural counterpayments)
- A payment made to recompense, in part or in full, someone who has made a payment.
- In 1979, the concept of the counterpayment of benefits was modified to apply only to the airlines of countries which the Ecuadorian Airline did not serve.1989, Ramon De Murias, The Economic Regulation of International Air Transport, page 236
- For instance, the Tokyo market opens earlier in time than other major financial markets, and participants in Tokyo are often forced to make yen payment before they receive counterpayment through relevant settlement systems in foreign markets.1995, Foundation for Advanced Information and Research (Japan), Financial advanced market studies - Volume 1, page 56
Forms of counterpayment
| plural | counterpayments |
|---|---|
| alternative form | counter-payment |
| alternative form | counter payment |
Origin of counterpayment
From counter- + payment.
Questions about counterpayment
- What does counterpayment mean?
- Counterpayment means a payment made to recompense, in part or in full, someone who has made a payment.
- What part of speech is counterpayment?
- Counterpayment is a noun.
- What is the plural of counterpayment?
- The plural of counterpayment is counterpayments.
Words near counterpayment in the dictionary
Source and license
Adapted from Wiktionary: counterpayment (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “counterpayment.” Word.ws, https://word.ws/counterpayment. Based on Wiktionary, CC BY-SA 4.0.