Definition of payment

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

Lern More About Payment

Advancement :: Advancement (v. t.) An advance of money or value; payment in advance. See Advance, 5..
Retribute :: Retribute (v. t.) To pay back; to give in return, as payment, reward, or punishment; to requite; as, to retribute one for his kindness; to retribute just punishment to a criminal..
Change :: Change (v. t.) Small money; the money by means of which the larger coins and bank bills are made available in small dealings; hence, the balance returned when payment is tendered by a coin or note exceeding the sum due..
Overtrading :: Overtrading (n.) The act or practice of buying goods beyond the means of payment; a glutting of the market.
Extend :: Extend (v. t.) To enlarge; to widen; to carry out further; as, to extend the capacities, the sphere of usefulness, or commerce; to extend power or influence; to continue, as time; to lengthen; to prolong; as, to extend the time of payment or a season of trail..
Tac :: Tac (n.) A kind of customary payment by a tenant; -- a word used in old records.
Return :: Return (n.) A payment; a remittance; a requital.
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..
Coupon :: Coupon (n.) A certificate of interest due, printed at the bottom of transferable bonds (state, railroad, etc.), given for a term of years, designed to be cut off and presented for payment when the interest is due; an interest warrant..
Cesser :: Cesser (v. i.) a neglect of a tenant to perform services, or make payment, for two years..
Run :: Run (n.) A continuing urgent demand; especially, a pressure on a bank or treasury for payment of its notes..
Rent :: Rent (n.) A certain periodical profit, whether in money, provisions, chattels, or labor, issuing out of lands and tenements in payment for the use; commonly, a certain pecuniary sum agreed upon between a tenant and his landlord, paid at fixed intervals by the lessee to the lessor, for the use of land or its appendages; as, rent for a farm, a house, a park, etc..
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..
Appropriation :: Appropriation (n.) The application of payment of money by a debtor to his creditor, to one of several debts which are due from the former to the latter..
Acceptilation :: Acceptilation (n.) Gratuitous discharge; a release from debt or obligation without payment; free remission.
Residue :: Residue (n.) That part of a testeator's estate wwhich is not disposed of in his will by particular and special legacies and devises, and which remains after payment of debts and legacies..
Cashier :: Cashier (n.) One who has charge of money; a cash keeper; the officer who has charge of the payments and receipts (moneys, checks, notes), of a bank or a mercantile company..
Ransom :: Ransom (n.) The release of a captive, or of captured property, by payment of a consideration; redemption; as, prisoners hopeless of ransom..
Responsibility :: Responsibility (n.) Ability to answer in payment; means of paying.
Extort :: Extort (v. t.) To wrest from an unwilling person by physical force, menace, duress, torture, or any undue or illegal exercise of power or ingenuity; to wrench away (from); to tear away; to wring (from); to exact; as, to extort contributions from the vanquished; to extort confessions of guilt; to extort a promise; to extort payment of a debt..
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