Pay Legal Meaning and Definition

Here is a simplified definition of the legal term Pay.

Pay (verb / noun)

  1. (verb) To give money in exchange for goods, services, or to settle debts. Example: Ryan had to pay the mechanic for repairing his car.

  2. (noun) The money an individual earns for performing work, also known as salary or wages. Example: His monthly pay is sufficient to cover all his expenses.