Definitions and Examples of paid, settled
Learn when and how to use these words with these examples!
Having given money in exchange for goods or services.
Example
He paid the bill and left the restaurant.
Having resolved or completed a matter, such as a debt or obligation.
Example
After years of struggling with debt, she finally settled all her outstanding bills.
Key Differences: paid vs settled
- 1Paid refers to a transaction where money has been exchanged for goods or services.
- 2Settled refers to a situation where a debt or obligation has been resolved or completed.
Effective Usage of paid, settled
- 1Financial Transactions: Use paid to indicate that a payment has been made.
- 2Debt Resolution: Use settled to indicate that a debt or obligation has been resolved.
- 3Legal Matters: Use settled to indicate that a legal dispute has been resolved.
Remember this!
The antonyms paid and settled convey a state of completion or fulfillment. Use paid to indicate that a payment has been made, and use settled to indicate that a debt or obligation has been resolved or completed. These words are useful in financial transactions, debt resolution, and legal matters.