payday
n.the day when you receive your salary or wages for the work you have done. It is often a day people look forward to for shopping or paying bills.
n.the specific day on which an employee receives their earned wages or salary. Often used figuratively to refer to a significant financial gain or reward.
“Everyone is happy because tomorrow is payday.”
“Since Friday is payday, the team decided to go out for an expensive lunch to celebrate their hard work.”
“The retail sector often sees a predictable surge in consumer spending during the final weekend of the month, coinciding with the local payday for most office workers.”
Usually countable when referring to the specific calendar date; can be uncountable when referring to the general concept of receiving payment.
From pay + day.
Etymology adapted from Wiktionary, available under CC BY-SA 4.0.