paymentlabel
nounUK /ˈpeɪməntˌleɪbəl/
US /ˈpeɪməntˌleɪbəl/
A small tag that tells you what a payment is for.
The paymentlabel on the bill said 'school trip'.
OTHER MEANINGS
2. A name given to a type of payment in a computer system.
Choose the right paymentlabel when you pay online.
3. A printed word on a card that shows how money was paid.
The cashier checked the paymentlabel before giving a refund.
4. A short description added to a money record to help sort it.
She added a paymentlabel so the spreadsheet stayed tidy.