Korean word

지급정지

Pronunciation

Romanizationchigeupjjeongji

Meaning

  • nounpayment suspension

Example

은행이 채무자의 계좌에 지급정지를 걸었다.eun haeng i chae mu ja ui kye jwa e chi geup jjeong ji reul keo reot tta

The bank put a hold on the debtor's account.

Illustration for 지급정지 (payment suspension)

More examples

월급 지급정지 소식에 직원들이 걱정했다.wol geup chi geup jjeong ji so si ge chi gwon deu ri keok jjeong haet tta

The employees were worried when they heard about the suspension of their salary payments.

Core concept

A formal measure prevents money owed or provided from being paid through a debtor's account, wages, or another benefit.

Common phrases

  • 월급 지급정지wol geup chi geup jjeong ji

    suspension of salary payments

  • 연금 지급정지yeon geum chi geup jjeong ji

    suspension of pension payments

  • 지급정지 통보chi geup jjeong ji tong bo

    notice of payment suspension

Similar words

계좌동결kyejwadonggyeol: An account is frozen so its money cannot be used.
계좌압류kyejwaamnyu: A creditor legally seizes money in a bank account.
지급중단chigeupjjungdan: Payment is stopped so that money is not paid out.
지급보류chigeuppporyu: A payment is temporarily put on hold rather than made immediately.

Definition in Korean

채무자의 계좌·급여 등에 대해 채권자나 기관이 지급을 중지하도록 조치한 상태 또는 그 명령을 가리키는 명사.chae mu ja ui kye jwa keu byeo teung e tae hae chae gwon ja na ki gwa ni chi geu beul chung ji ha do rok cho chi han sang tae tto neun keu myeong nyeong eul ka ri ki neun myeong sa

Word origin

The meaning comes directly from 지급 (jigeup, "giving or paying") and 정지 (jjeongji, "stopping"), joined in a compound noun.

Usage tips

  • Unlike an ordinary late payment, this term points to a measure that prevents payment from being made, which makes it a useful administrative word.

Other meanings

  • disbursement suspensionnoun
  • payment holdnoun

Opposites

  • 지급재개chigeupjjaegaepayment resumptionnoun

Related words

Word lists with this word