What's the difference between payment and sinecure?

Payment


Definition:

  • (n.) The act of paying, or giving compensation; the discharge of a debt or an obligation.
  • (n.) That which is paid; the thing given in discharge of a debt, or an obligation, or in fulfillment of a promise; reward; recompense; requital; return.
  • (n.) Punishment; chastisement.

Example Sentences:

  • (1) However, some contactless transactions are processed offline so may not appear on a customer’s account until after the block has been applied.” It says payments that had been made offline on the day of cancellation may be applied to accounts and would be refunded when the customer identified them; payments made on days after the cancellation will not be taken from an account.
  • (2) At the heart of the payday loan profit bonanza is the "continuous payment authority" (CPA) agreement, which allows lenders to access customer bank accounts to retrieve funds.
  • (3) The way we are going to pay for that is by making the rules the same for people who go into care homes as for people who get care at their home, and by means-testing the winter fuel payment, which currently isn’t.” Hunt said the plan showed the Conservatives were capable of making difficult choices.
  • (4) Focusing on two prospective payment systems that operated concurrently in New Jersey, this study employs the hospital department as the unit of analysis and compares the effects of the all-payer DRG system with those of the SHARE program on hospitals.
  • (5) It ignores the reduction in the wider, non-NHS cost of adult mental illness such as benefit payments and forgone tax, calculated by the LSE report as £28bn a year.
  • (6) But the company's problems appear to be multiplying, with rumours that suppliers are demanding earlier payment than before, putting pressure on HTC's cash position.
  • (7) Finally, before the advent of the third-party payment, operations were avoided because of the financial burden.
  • (8) Initial analysis suggests that about one-fifth of gross costs would be directly returned to the public purse via income tax and national insurance payments.
  • (9) In 2013 it successfully applied for a Visa Innovation Grant , a fund for development and non-profit organisations seeking to adopt or expand the use of electronic payments to those living below the poverty line.
  • (10) Pensioners, like those in receipt of long-term social welfare payments or those who can prove they cannot provide their heating needs during winter, are entitled to a means-tested weekly winter fuel allowance of €20 (£ 14.54) per household.
  • (11) Most (86 percent) had educational debt (mean = $20,500), and more than half of those with debt were making loan payments.
  • (12) It would cost their own businesses hundreds of millions of pounds in transaction costs, it would blow a massive hole in their balance of payments, it would leave them having to pick up the entirety of UK debt.
  • (13) Tomorrow the courts are expected to sign off a $97.5m payment by the company to its shareholders, after investors took a class action lawsuit against the company.
  • (14) The payments were for services ranging from "project management" to "HR consultancy", according to the academy chain's company accounts.
  • (15) The four most common types of insurance that protect your income are income protection insurance, critical illness cover, life insurance, and payment protection insurance.
  • (16) In a 2011 interview with the Financial Times he said: “JPMorgan doesn’t have a chance in hell of not coming up with a big settlement.” He claimed: “There were people at the bank who knew what was going on.” The payment brings the total of fines imposed on JP Morgan to nearly $20bn in the past year.
  • (17) Gerson Zweifach, general counsel for both News Corp and 21st Century Fox , Murdoch’s film and TV business, said: “We are grateful that this matter has been concluded and acknowledge the fairness and professionalism of the Department of Justice throughout this investigation.” It is understood there has been no background settlement with the Department of Justice in order to avoid a full-blown investigation, contrary to speculation in New York over a year ago that the company was looking at a possible payment of over $850m.
  • (18) The payments are now more likely to made in shares issued monthly.
  • (19) Applications from Serbia, which account for 10% of the total, stem mostly from the dissolution of former Yugoslavia: payment of army reservists, access to savings in present-day Bosnia and Herzegovina, pensions in Kosovo.
  • (20) Without action today, the winter fuel payment would have decreased in value this coming winter.

Sinecure


Definition:

  • (n.) An ecclesiastical benefice without the care of souls.
  • (n.) Any office or position which requires or involves little or no responsibility, labor, or active service.
  • (v. t.) To put or place in a sinecure.

Example Sentences:

  • (1) And once in the top job, there is little incentive to change anything: mandarins, says Gumbel, "can't be fired … at worst they're 'put in a cupboard', meaning shunted off to a low-profile job or a comfortable sinecure".
  • (2) More likely, he’ll continue his oleaginous slide into a six-figure sinecure at a place like the Heritage Foundation, where regular-Joe conservatives punting $35 donations to “stop Obamacare” can fund his farting out four blog posts per month.
  • (3) I had always assumed that everybody had always assumed that Andy’s former job as “UK trade envoy” was merely some sinecure designed to get the Queen’s second son between golf courses without any boring little people making a fuss about who was paying for the helicopters.
  • (4) This is a development institution for the planet, not a sinecure for allies of whoever is sitting in the White House – even when it is Mr Obama.
  • (5) According to BlackBerry, it certainly wasn't a sinecure - not at all.
  • (6) Patten had treated the job as a sinecure, "and nothing you have said has changed my perspective".
  • (7) The current holder of this well-paid and undemanding sinecure, Sir Alex Allan, tried to convince the select committee that he would be proactive and would not be sidelined.
  • (8) But also, because he leads a government that must provide sinecures for Liberal Democrat as well as Conservative MPs, and because an outright election victory looks increasingly unlikely, he can't buy their affection or hold out the prospect that they will be rewarded if only they delay gratification.