What is the formal word of paid for?

What is the formal word of paid for?

What is another word for paid for?

atoned	made amends for
paid dues	made good
made recompense for	expiated
compensated for	suffered the consequences of
recompensed for	made restitution

Is it paid for or payed for?

The correct past tense of the verb pay is paid, as long as the word is used in the financial or transactional sense. If the verb pay is used in a nautical sense, the correct form is payed.

What is another word for paid?

paid

• compensated.
• salaried.
• indemnified.
• recompensed.
• refunded.
• reimbursed.
• remunerated.
• repaid.

Who is being paid Meaning?

English Language Learners Definition of paid : receiving money for work. —used to indicate if someone receives low or high pay for work. : having been paid for.

What do you mean by payment?

Payment is the transfer of money or goods and services in exchange for a product or service. Payments are typically made after the terms have been agreed upon by all parties involved. A payment can be made in the form of cash, check, wire transfer, credit card, or debit card.

Which is correct I had paid or I have paid?

Both are grammatically correct depending on the context. “I had paid” implies that you are looking into the past and at that time in the past, you had already paid the fees. “I have paid” looks at it in the present time and says that as it now currently stands, I have paid the fees.

What is the difference between allowed amount and paid amount?

1 Allowed amount: The maximum reimbursement the member’s health policy allows for a specific service. 2 Paid amount: It is the amount which the insurance originally pays to the claim. 3 Co-pay: The fixed dollar amount that patient requires to pay as patient’s share each time out of his pocket when a service is rendered.

What is the past tense of the verb pay?

Here is the answer: The verb Pay – if used in monetary terms, the past tense is “paid”. For example: I paid my fee. The verb “Pay”- if used in nautical sense, the past tense is “payed”.

What is the formula for calculating the allowed amount?

Formula: – Allowed amount = Amount paid + co-pay / co-insurance + Deductible