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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Credit :: Credit (n.) The time given for payment for lands or goods sold on trust; as, a long credit or a short credit..
Sink :: Sink (v. t.) To reduce or extinguish by payment; as, to sink the national debt..
Suspension :: Suspension (n.) A conditional withholding, interruption, or delay; as, the suspension of a payment on the performance of a condition..
Mortgage :: Mortgage (n.) A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made..
Bearer :: Bearer (n.) One who holds a check, note, draft, or other order for the payment of money; as, pay to bearer..
Surety :: Surety (n.) One who is bound with and for another who is primarily liable, and who is called the principal; one who engages to answer for another's appearance in court, or for his payment of a debt, or for performance of some act; a bondsman; a bail..
Dutiable :: Dutiable (a.) Subject to the payment of a duty; as dutiable goods.
Satisfaction :: Satisfaction (n.) Settlement of a claim, due, or demand; payment; indemnification; adequate compensation..
Pawn :: Pawn (n.) Anything delivered or deposited as security, as for the payment of money borrowed, or of a debt; a pledge. See Pledge, n., 1..
Hypothecation :: Hypothecation (n.) A contract whereby, in consideration of money advanced for the necessities of the ship, the vessel, freight, or cargo is made liable for its repayment, provided the ship arrives in safety. It is usually effected by a bottomry bond. See Bottomry..
Repayment :: Repayment (n.) The money or other thing repaid.
Greenbacker :: Greenbacker (n.) One of those who supported greenback or paper money, and opposed the resumption of specie payments..
Farm :: Farm (a. & n.) The land held under lease and by payment of rent for the purpose of cultivation.
Indebted :: Indebted (a.) Brought into debt; being under obligation; held to payment or requital; beholden.
Shave :: Shave (v. t.) A premium paid for an extension of the time of delivery or payment, or for the right to vary a stock contract in any particular..
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..
Cash :: Cash (n.) Immediate or prompt payment in current funds; as, to sell goods for cash; to make a reduction in price for cash..
Prepayment :: Prepayment (n.) Payment in advance.
Taluk :: Taluk (n.) A large estate; esp., one constituting a revenue district or dependency the native proprietor of which is responsible for the collection and payment of the public revenue due from it..
Ransom :: Ransom (n.) The release of a captive, or of captured property, by payment of a consideration; redemption; as, prisoners hopeless of ransom..
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