What is another word for back payment?
Pronunciation: [bˈak pˈe͡ɪmənt] (IPA) 
Back payment refers to the amount of money paid to someone for work that was done in the past and should have been paid earlier. It can also refer to repayment of any debt or loan that was previously due. If you are looking for synonyms for back payment, you could use terms such as retroactive payment, overdue payment, delayed payment or past-due payment. Other alternatives include compensation, reimbursement, remuneration, and settlement. Regardless of the term you choose, the meaning stays the same- paying someone for any financial obligation that was not met in the past.
