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

Guilty :: Guilty (superl.) Condemned to payment.
Compensation :: Compensation (n.) The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount; a set-off.
Blackmail :: Blackmail (n.) Payment of money exacted by means of intimidation; also, extortion of money from a person by threats of public accusation, exposure, or censure..
Drawer :: Drawer (n.) One who draws a bill of exchange or order for payment; -- the correlative of drawee.
Kist :: Kist (n.) A stated payment, especially a payment of rent for land; hence, the time for such payment..
Discharge :: Discharge (v. t.) Act of removing, or getting rid of, an obligation, liability, etc.; fulfillment, as by the payment of a debt, or the performance of a trust or duty..
Draff :: Draff (n.) An order from one person or party to another, directing the payment of money; a bill of exchange..
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..
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..
Run :: Run (a.) To make numerous drafts or demands for payment, as upon a bank; -- with on..
Remission :: Remission (n.) Act of sending in payment, as money; remittance..
Shin :: Shin (v. i.) To run about borrowing money hastily and temporarily, as for the payment of one's notes at the bank..
Tac :: Tac (n.) A kind of customary payment by a tenant; -- a word used in old records.
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..
Discount :: Discount (v. t.) A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money..
Suspension :: Suspension (n.) A conditional withholding, interruption, or delay; as, the suspension of a payment on the performance of a condition..
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.
Run :: Run (n.) A continuing urgent demand; especially, a pressure on a bank or treasury for payment of its notes..
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..
Scrip :: Scrip (n.) A preliminary certificate of a subscription to the capital of a bank, railroad, or other company, or for a share of other joint property, or a loan, stating the amount of the subscription and the date of the payment of the installments; as, insurance scrip, consol scrip, etc. When all the installments are paid, the scrip is exchanged for a bond share certificate..
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