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

Back :: Back (adv.) In return, repayment, or requital..
Discharge :: Discharge (v. t.) To send away (a creditor) satisfied by payment; to pay one's debt or obligation to.
Protest :: Protest (v.) A solemn declaration in writing, in due form, made by a notary public, usually under his notarial seal, on behalf of the holder of a bill or note, protesting against all parties liable for any loss or damage by the nonacceptance or nonpayment of the bill, or by the nonpayment of the note, as the case may be..
Hire :: Hire (n.) To engage or purchase the service, labor, or interest of (any one) for a specific purpose, by payment of wages; as, to hire a servant, an agent, or an advocate..
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..
Prebend :: Prebend (n.) A payment or stipend; esp., the stipend or maintenance granted to a prebendary out of the estate of a cathedral or collegiate church with which he is connected. See Note under Benefice..
Boodle :: Boodle (n.) Money given in payment for votes or political influence; bribe money; swag.
Modus :: Modus (n.) A fixed compensation or equivalent given instead of payment of tithes in kind, expressed in full by the phrase modus decimandi..
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..
Guarantee :: Guarantee (n.) In law and common usage: to undertake or engage for the payment of (a debt) or the performance of (a duty) by another person; to undertake to secure (a possession, right, claim, etc.) to another against a specified contingency, or at all avents; to give a guarantee concerning; to engage, assure, or secure as a thing that may be depended on; to warrant; as, to guarantee the execution of a treaty..
Antirenter :: Antirenter (n.) One opposed to the payment of rent; esp. one of those who in 1840-47 resisted the collection of rents claimed by the patroons from the settlers on certain manorial lands in the State of New York.
Prestation :: Prestation (n.) A payment of money; a toll or duty; also, the rendering of a service..
Unpay :: Unpay (v. t.) To undo, take back, or annul, as a payment..
Credit :: Credit (n.) The time given for payment for lands or goods sold on trust; as, a long credit or a short credit..
Ransom :: Ransom (n.) The money or price paid for the redemption of a prisoner, or for goods captured by an enemy; payment for freedom from restraint, penalty, or forfeit..
Payment :: Payment (n.) The act of paying, or giving compensation; the discharge of a debt or an obligation..
Indorsement :: Indorsement (n.) That which is written on the back of a note, bill, or other paper, as a name, an order for, or a receipt of, payment, or the return of an officer, etc.; a writing, usually upon the back, but sometimes on the face, of a negotiable instrument, by which the property therein is assigned and transferred..
Funding :: Funding (a.) Providing a fund for the payment of the interest or principal of a debt.
Honorary :: Honorary (a.) An honorary payment, usually in recognition of services for which it is not usual or not lawful to assign a fixed business price..
Weekly :: Weekly (a.) Coming, happening, or done once a week; hebdomadary; as, a weekly payment; a weekly gazette..
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