Definition of payment

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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..

Lern More About Payment

Funding :: Funding (a.) Providing a fund for the payment of the interest or principal of a debt.
Prepayment :: Prepayment (n.) Payment in advance.
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..
Backwardation :: Backwardation (n.) The seller's postponement of delivery of stock or shares, with the consent of the buyer, upon payment of a premium to the latter; -- also, the premium so paid. See Contango..
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..
Tidewaiter :: Tidewaiter (n.) A customhouse officer who watches the landing of goods from merchant vessels, in order to secure payment of duties..
Voucher :: Voucher (n.) A book, paper, or document which serves to vouch the truth of accounts, or to confirm and establish facts of any kind; also, any acquittance or receipt showing the payment of a debt; as, the merchant's books are his vouchers for the correctness of his accounts; notes, bonds, receipts, and other writings, are used as vouchers in proving facts..
Tender :: Tender (n.) An offer, either of money to pay a debt, or of service to be performed, in order to save a penalty or forfeiture, which would be incurred by nonpayment or nonperformance; as, the tender of rent due, or of the amount of a note, with interest..
Wodegeld :: Wodegeld (n.) A geld, or payment, for wood..
Kist :: Kist (n.) A stated payment, especially a payment of rent for land; hence, the time for such payment..
Surety :: Surety (n.) Security against loss or damage; security for payment, or for the performance of some act..
Dutiable :: Dutiable (a.) Subject to the payment of a duty; as dutiable goods.
Indulgence :: Indulgence (n.) Remission of the temporal punishment due to sins, after the guilt of sin has been remitted by sincere repentance; absolution from the censures and public penances of the church. It is a payment of the debt of justice to God by the application of the merits of Christ and his saints to the contrite soul through the church. It is therefore believed to diminish or destroy for sins the punishment of purgatory..
Bond :: Bond (v. t.) To place under the conditions of a bond; to mortgage; to secure the payment of the duties on (goods or merchandise) by giving a bond.
Payment :: Payment (n.) Punishment; chastisement.
Hypothecation :: Hypothecation (n.) The act or contract by which property is hypothecated; a right which a creditor has in or to the property of his debtor, in virtue of which he may cause it to be sold and the price appropriated in payment of his debt. This is a right in the thing, or jus in re..
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..
Tithable :: Tithable (a.) Subject to the payment of tithes; as, tithable lands..
Repayment :: Repayment (n.) The money or other thing repaid.
Seigniorage :: Seigniorage (n.) A share of the receipts of a business taken in payment for the use of a right, as a copyright or a patent..
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