Definition of payment

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Payment (n.) That which is paid; the thing given in discharge of a debt, or an obligation, or in fulfillment of a promise; reward; recompense; requital; return..

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Honorary :: Honorary (a.) An honorary payment, usually in recognition of services for which it is not usual or not lawful to assign a fixed business price..
Customable :: Customable (a.) Subject to the payment of customs; dutiable.
Arrearage :: Arrearage (n.) That which remains unpaid and overdue, after payment of a part; arrears..
Hire :: Hire (n.) To engage or purchase the service, labor, or interest of (any one) for a specific purpose, by payment of wages; as, to hire a servant, an agent, or an advocate..
Remunerative :: Remunerative (a.) Affording remuneration; as, a remunerative payment for services; a remunerative business..
Payment :: Payment (n.) The act of paying, or giving compensation; the discharge of a debt or an obligation..
Failure :: Failure (n.) A becoming insolvent; bankruptcy; suspension of payment; as, failure in business..
Suspender :: Suspend (v. i.) To cease from operation or activity; esp., to stop payment, or be unable to meet obligations or engagements (said of a commercial firm or a bank)..
Bearer :: Bearer (n.) One who holds a check, note, draft, or other order for the payment of money; as, pay to bearer..
Satisfy :: Satisfy (v. i.) To make payment or atonement; to atone.
Galilean :: Galilean (n.) One of the party among the Jews, who opposed the payment of tribute to the Romans; -- called also Gaulonite..
Remission :: Remission (n.) Act of sending in payment, as money; remittance..
Sink :: Sink (v. t.) To reduce or extinguish by payment; as, to sink the national debt..
Drawer :: Drawer (n.) One who draws a bill of exchange or order for payment; -- the correlative of drawee.
Reversion :: Reversion (n.) A payment which is not to be received, or a benefit which does not begin, until the happening of some event, as the death of a living person..
Remit :: Remit (v. i.) To send money, as in payment..
Dun :: Dun (v. t. & i.) To ask or beset, as a debtor, for payment; to urge importunately..
Buy :: Buy (v. t.) To acquire the ownership of (property) by giving an accepted price or consideration therefor, or by agreeing to do so; to acquire by the payment of a price or value; to purchase; -- opposed to sell..
Ratable :: Ratable (a.) Made at a proportionate rate; as, ratable payments..
Punctual :: Punctual (a.) Appearing or done at, or adhering exactly to, a regular or an appointed time; precise; prompt; as, a punctual man; a punctual payment..
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