noun a payment made as a symbolic gesture or for a small amount
verb none
adjective none
adverb none
pronoun none
preposition none
conjunction none
interjection none
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In the finance industry, token payments are small payments made as a symbol of a larger debt or financial transaction.
In online gaming, token payments are often used as in-game currency to purchase virtual goods or services.
Some subscription services offer token payments as a way for users to access limited features or content without a full subscription.
In the realm of digital currency, token payments refer to small amounts of cryptocurrency used for transactions or as rewards.
Token payments can be used in reward programs as a way to earn points or credits towards future purchases or benefits.
In the publishing industry, writers may receive a token payment for contributing articles or stories to magazines or websites. This payment is usually symbolic and not meant to fully compensate the writer for their work.
In the field of psychology, token payment may refer to a small fee that clients pay for therapy sessions, especially in cases where the client cannot afford the full cost of treatment. This token payment helps to establish a sense of commitment and responsibility on the part of the client.