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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.) The act of
paying,
or
giving
compensation;
the
discharge
of a debt or an
obligation..
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Uncurrent
::
Uncurrent
(a.) Not
current.
Specifically:
Not
passing
in
common
payment;
not
receivable
at par or full
value;
as,
uncurrent
notes..
Hypothec
::
Hypothec
(n.) A
landlord's
right,
independently
of
stipulation,
over the
stocking
(cattle,
implements,
etc.),
and crops of his
tenant,
as
security
for
payment
of
rent..
Indorse
::
Indorse
(v. t.) To write one's name, alone or with other
words,
upon the back of (a
paper),
for the
purpose
of
transferring
it, or to
secure
the
payment
of a /ote,
draft,
or the like; to
guarantee
the
payment,
fulfillment,
performance,
or
validity
of, or to
certify
something
upon the back of (a
check,
draft,
writ,
warrant
of
arrest,
etc.)..
Contango
::
Contango
(n.) The
postponement
of
payment
by the buyer of stock on the
payment
of a
premium
to the
seller.
See
Backwardation.
Scrip
::
Scrip (n.) A
preliminary
certificate
of a
subscription
to the
capital
of a bank,
railroad,
or other
company,
or for a share of other joint
property,
or a loan,
stating
the
amount
of the
subscription
and the date of the
payment
of the
installments;
as,
insurance
scrip,
consol
scrip,
etc. When all the
installments
are paid, the scrip is
exchanged
for a bond share
certificate..
Render
::
Render
(n.) A
return;
a
payment
of rent.
Exact
::
Exact (a.) To
demand
or
require
authoritatively
or
peremptorily,
as a
right;
to
enforce
the
payment
of, or a
yielding
of; to
compel
to yield or to
furnish;
hence,
to
wrest,
as a fee or
reward
when none is due; --
followed
by from or of
before
the one
subjected
to
exaction;
as, to exact
tribute,
fees,
obedience,
etc., from or of some one..
Tax
::
Tax (n.) To
subject
to the
payment
of a tax or
taxes;
to
impose
a tax upon; to lay a
burden
upon;
especially,
to exact money from for the
support
of
government..
Apply
::
Apply (v. t.) To put to use; to use or
employ
for a
particular
purpose,
or in a
particular
case; to
appropriate;
to
devote;
as, to apply money to the
payment
of a
debt..
Wage
::
Wage (v. t.) That for which one
labors;
meed;
reward;
stipulated
payment
for
service
performed;
hire; pay;
compensation;
-- at
present
generally
used in the
plural.
See
Wages.
Retribution
::
Retribution
(n.) That which is given in
repayment
or
compensation;
return
suitable
to the
merits
or
deserts
of, as an
action;
commonly,
condign
punishment
for evil or
wrong..
Gale
::
Gale (n.) The
payment
of a rent or
annuity.
Funding
::
Funding
(a.)
Providing
a fund for the
payment
of the
interest
or
principal
of a debt.
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..
Tender
::
Tender
(n.) The thing
offered;
especially,
money
offered
in
payment
of an
obligation..
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..
Advance
::
Advance
(a.)
Before
in
place,
or
beforehand
in time; -- used for
advanced;
as, an
advance
guard,
or that
before
the main guard or body of an army;
advance
payment,
or that made
before
it is due;
advance
proofs,
advance
sheets,
pages of a
forthcoming
volume,
received
in
advance
of the time of
publication..
Sink
::
Sink (v. t.) To
reduce
or
extinguish
by
payment;
as, to sink the
national
debt..
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..
Installment
::
Installment
(n.) A
portion
of a debt, or sum of
money,
which is
divided
into
portions
that are made
payable
at
different
times.
Payment
by
installment
is
payment
by parts at
different
times,
the
amounts
and times being often
definitely
stipulated..
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