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Definition of payment
Thanks for using this online dictionary, we have been helping millions of people improve their use of the english language with its free online services. English definition of payment is as below...
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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