PAID BY Meaning and
Definition
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"Paid by" is a phrase that describes the action of making a financial transaction in exchange for a product, service, or favor. It refers to the act of providing compensation or remuneration in the form of money for a particular item or service received.
When someone is "paid by" another individual or entity, it implies that the recipient is receiving payment from the payer for a specific purpose, typically stipulated in an agreement or contract. This could include various scenarios such as employees being paid by their employers for their work, independent contractors being compensated by clients for their services rendered, or individuals receiving payment for goods sold.
The phrase "paid by" signifies a mutual transactional relationship between two parties, where one party owes a debt or has a monetary obligation to the other. The payment can be in the form of cash, check, bank transfer, or any other agreed-upon method of monetary exchange.
Furthermore, the term "paid by" also suggests that the payer holds the responsibility to fulfill their financial commitment within a stipulated timeframe. It indicates that the payer has agreed and acknowledged the need to compensate the recipient accordingly, often indicating that the monetary transaction has been completed successfully.
Overall, "paid by" denotes the act of delivering stipulated payment to someone in recognition of a debt or obligation met. It is a vital phrase within financial and business contexts, highlighting the exchange of money for a product or service rendered.
Common Misspellings for PAID BY
- oaid by
- laid by
- -aid by
- 0aid by
- pzid by
- psid by
- pwid by
- pqid by
- paud by
- pajd by
- pakd by
- paod by
- pa9d by
- pa8d by
- pais by
- paix by
- paic by
- paif by
- pair by
- paie by
Etymology of PAID BY
The phrase "paid by" is not a standalone word with a specific etymology, but rather a combination of two individual words: "paid" and "by".
The word "paid" is the past tense and past participle of the verb "pay", which originated from the Old French word "paiier" meaning "to pay, to satisfy a debt". It can be traced back further to the Latin word "pacare", which means "to pacify, to pay".
The word "by" is a preposition that comes from the Old English word "bi", meaning "near, at, alongside". It has roots in the Proto-Germanic language and is related to similar words in other Germanic languages.
