Definition of payment

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Payment (n.) The act of paying, or giving compensation; the discharge of a debt or an obligation..

Lern More About Payment

Remunerative :: Remunerative (a.) Affording remuneration; as, a remunerative payment for services; a remunerative business..
Entertainment :: Entertainment (n.) Payment of soldiers or servants; wages.
Bonded :: Bonded (a.) Placed under, or covered by, a bond, as for the payment of duties, or for conformity to certain regulations..
Residue :: Residue (n.) That part of a testeator's estate wwhich is not disposed of in his will by particular and special legacies and devises, and which remains after payment of debts and legacies..
Subsidies :: Subsidize (v. t.) To furnish with a subsidy; to purchase the assistance of by the payment of a subsidy; to aid or promote, as a private enterprise, with public money; as, to subsidize a steamship line..
Bondholder :: Bondholder (n.) A person who holds the bonds of a public or private corporation for the payment of money at a certain time.
Drawer :: Drawer (n.) One who draws a bill of exchange or order for payment; -- the correlative of drawee.
Nonpayment :: Nonpayment (n.) Neglect or failure to pay.
Trust :: Trust (n.) Credit given; especially, delivery of property or merchandise in reliance upon future payment; exchange without immediate receipt of an equivalent; as, to sell or buy goods on trust..
Contango :: Contango (n.) The postponement of payment by the buyer of stock on the payment of a premium to the seller. See Backwardation.
Fine :: Fine (n.) A sum of money paid as the settlement of a claim, or by way of terminating a matter in dispute; especially, a payment of money imposed upon a party as a punishment for an offense; a mulct..
Arrearage :: Arrearage (n.) That which remains unpaid and overdue, after payment of a part; arrears..
Tuition :: Tuition (n.) The money paid for instruction; the price or payment for instruction.
Customable :: Customable (a.) Subject to the payment of customs; dutiable.
Guarantee :: Guarantee (n.) In law and common usage: A promise to answer for the payment of some debt, or the performance of some duty, in case of the failure of another person, who is, in the first instance, liable to such payment or performance; an engagement which secures or insures another against a contingency; a warranty; a security. Same as Guaranty..
Render :: Render (n.) A return; a payment of rent.
Hypothecator :: Hypothecator (n.) One who hypothecates or pledges anything as security for the repayment of money borrowed.
Semimonthly :: Semimonthly (a.) Coming or made twice in a month; as, semimonthly magazine; a semimonthly payment..
Remission :: Remission (n.) Act of sending in payment, as money; remittance..
Suspension :: Suspension (n.) Of the payment of what is due; as, the suspension of a mercantile firm or of a bank..
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