payday

[pey-dey]

pay·day

[pey-dey]
noun
1.
the day on which wages are given, payment is made, etc.
2.
Informal. a day or period during which a great deal of money, success, fame, etc., is won or obtained: Payday came when she was given a screen test by a big Hollywood studio.

Origin:
1520–30; pay1 + day
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Payday is always a great word to know.
So is lollapalooza. Does it mean:
a scrap or morsel of food left at a meal.
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
Collins
World English Dictionary
payday (ˈpeɪˌdeɪ)
 
n
the day on which wages or salaries are paid

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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