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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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Retributory
::
Retributory
(a.) Of or
pertaining
to
retribution;
of the
nature
of
retribution;
involving
retribution
or
repayment;
as,
retributive
justice;
retributory
comforts..
Trust
::
Trust (n.) To give
credit
to; to sell to upon
credit,
or in
confidence
of
future
payment;
as,
merchants
and
manufacturers
trust their
customers
annually
with
goods..
Remit
::
Remit (v. i.) To send
money,
as in
payment..
Ransom
::
Ransom
(n.) The
release
of a
captive,
or of
captured
property,
by
payment
of a
consideration;
redemption;
as,
prisoners
hopeless
of
ransom..
Cash
::
Cash (n.)
Immediate
or
prompt
payment
in
current
funds;
as, to sell goods for cash; to make a
reduction
in price for
cash..
Redeem
::
Redeem
(v. t.) To
purchase
back; to
regain
possession
of by
payment
of a
stipulated
price;
to
repurchase.
Customable
::
Customable
(a.)
Subject
to the
payment
of
customs;
dutiable.
Redeemable
::
Redeemable
(a.)
Capable
of being
redeemed;
subject
to
repurchase;
held under
conditions
permitting
redemption;
as, a
pledge
securing
the
payment
of money is
redeemable..
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..
Responsibility
::
Responsibility
(n.)
Ability
to
answer
in
payment;
means of
paying.
Pay
::
Pay (v. i.) To give a
recompense;
to make
payment,
requital,
or
satisfaction;
to
discharge
a
debt..
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..
Rebate
::
Rebate
(n.)
Deduction;
abatement;
as, a
rebate
of
interest
for
immediate
payment;
a
rebate
of
importation
duties..
Pension
::
Pension
(n.) A
payment;
a
tribute;
something
paid or
given.
Arrearage
::
Arrearage
(n.) That which
remains
unpaid
and
overdue,
after
payment
of a part;
arrears..
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..
Re-demption
::
Re-demption
(n.)
Performance
of the
obligation
stated
in a note, bill, bond, or other
evidence
of debt, by
making
payment
to the
holder..
Rate
::
Rate (v. t.) To
assess
for the
payment
of a rate or tax.
Remission
::
Remission
(n.) Act of
sending
in
payment,
as
money;
remittance..
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