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...

Dryfland :: Dryfland (n.) An ancient yearly payment made by some tenants to the king, or to their landlords, for the privilege of driving their cattle through a manor to fairs or markets..

Dunner :: Dunner (n.) One employed in soliciting the payment of debts.

Remunerative :: Remunerative (a.) Affording remuneration; as, a remunerative payment for services; a remunerative business..

Hypothecation :: Hypothecation (n.) A contract whereby, in consideration of money advanced for the necessities of the ship, the vessel, freight, or cargo is made liable for its repayment, provided the ship arrives in safety. It is usually effected by a bottomry bond. See Bottomry..

Fine :: Fine (n.) A sum of money paid as the settlement of a claim, or by way of terminating a matter in dispute; especially, a payment of money imposed upon a party as a punishment for an offense; a mulct..

Rebate :: Rebate (n.) Deduction; abatement; as, a rebate of interest for immediate payment; a rebate of importation duties..

Trust :: Trust (n.) Credit given; especially, delivery of property or merchandise in reliance upon future payment; exchange without immediate receipt of an equivalent; as, to sell or buy goods on trust..

Indecimable :: Indecimable (a.) Not decimable, or liable to be decimated; not liable to the payment of tithes..

Drawer :: Drawer (n.) One who draws a bill of exchange or order for payment; -- the correlative of drawee.

Contango :: Contango (n.) The postponement of payment by the buyer of stock on the payment of a premium to the seller. See Backwardation.

Discount :: Discount (v.) To deduct from an account, debt, charge, and the like; to make an abatement of; as, merchants sometimes discount five or six per cent for prompt payment of bills..

Dishonor :: Dishonor (n.) The nonpayment or nonacceptance of commercial paper by the party on whom it is drawn.

Payment :: Payment (n.) Punishment; chastisement.

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..

Tardy :: Tardy (superl.) Not being inseason; late; dilatory; -- opposed to prompt; as, to be tardy in one's payments..

Arrearage :: Arrearage (n.) That which remains unpaid and overdue, after payment of a part; arrears..

Heriot :: Heriot (n.) Formerly, a payment or tribute of arms or military accouterments, or the best beast, or chattel, due to the lord on the death of a tenant; in modern use, a customary tribute of goods or chattels to the lord of the fee, paid on the decease of a tenant..

Punctual :: Punctual (a.) Appearing or done at, or adhering exactly to, a regular or an appointed time; precise; prompt; as, a punctual man; a punctual payment..

Guilty :: Guilty (superl.) Condemned to payment.

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..

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