Definition of payment

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

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Balance :: Balance (n.) To make the sums of the debits and credits of an account equal; -- said of an item; as, this payment, or credit, balances the account..
Drawer :: Drawer (n.) One who draws a bill of exchange or order for payment; -- the correlative of drawee.
Ratable :: Ratable (a.) Made at a proportionate rate; as, ratable payments..
Suspension :: Suspension (n.) A conditional withholding, interruption, or delay; as, the suspension of a payment on the performance of a condition..
Receive :: Receive (v. t.) To take, as something that is offered, given, committed, sent, paid, or the like; to accept; as, to receive money offered in payment of a debt; to receive a gift, a message, or a letter..
Resumption :: Resumption (n.) The act of resuming; as, the resumption of a grant, of delegated powers, of an argument, of specie payments, etc..
Guilty :: Guilty (superl.) Condemned to payment.
Pension :: Pension (n.) A payment; a tribute; something paid or given.
Assurance :: Assurance (n.) Insurance; a contract for the payment of a sum on occasion of a certain event, as loss or death..
Tender :: Tender (n.) The thing offered; especially, money offered in payment of an obligation..
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..
Overdue :: Overdue (a.) Due and more than due; delayed beyond the proper time of arrival or payment, etc.; as, an overdue vessel; an overdue note..
Tac :: Tac (n.) A kind of customary payment by a tenant; -- a word used in old records.
Coin :: Coin (n.) That which serves for payment or recompense.
Resolute :: Resolute (n.) Redelivery; repayment.
Quit :: Quit (a.) To discharge, as an obligation or duty; to meet and satisfy, as a claim or debt; to make payment for or of; to requite; to repay..
Tidewaiter :: Tidewaiter (n.) A customhouse officer who watches the landing of goods from merchant vessels, in order to secure payment of duties..
Semimonthly :: Semimonthly (a.) Coming or made twice in a month; as, semimonthly magazine; a semimonthly payment..
Prepayment :: Prepayment (n.) Payment in advance.
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..
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