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..

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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..
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..
Modus :: Modus (n.) A fixed compensation or equivalent given instead of payment of tithes in kind, expressed in full by the phrase modus decimandi..
Draw :: Draw (v. i.) To make a draft or written demand for payment of money deposited or due; -- usually with on or upon.
Prompt :: Prompt (n.) A limit of time given for payment of an account for produce purchased, this limit varying with different goods. See Prompt-note..
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..
Nonpayment :: Nonpayment (n.) Neglect or failure to pay.
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..
Galilean :: Galilean (n.) One of the party among the Jews, who opposed the payment of tribute to the Romans; -- called also Gaulonite..
Defray :: Defray (v. t.) To pay or discharge; to serve in payment of; to provide for, as a charge, debt, expenses, costs, etc..
Retribution :: Retribution (n.) The act of retributing; repayment.
Distress :: Distress (n.) The act of distraining; the taking of a personal chattel out of the possession of a wrongdoer, by way of pledge for redress of an injury, or for the performance of a duty, as for nonpayment of rent or taxes, or for injury done by cattle, etc..
Commutation :: Commutation (n.) A substitution, as of a less thing for a greater, esp. a substitution of one form of payment for another, or one payment for many, or a specific sum of money for conditional payments or allowances; as, commutation of tithes; commutation of fares; commutation of copyright; commutation of rations..
Redeem :: Redeem (v. t.) To purchase back; to regain possession of by payment of a stipulated price; to repurchase.
Contango :: Contango (n.) The postponement of payment by the buyer of stock on the payment of a premium to the seller. See Backwardation.
Guilty :: Guilty (superl.) Condemned to payment.
Fee :: Fee (n.) Reward or compensation for services rendered or to be rendered; especially, payment for professional services, of optional amount, or fixed by custom or laws; charge; pay; perquisite; as, the fees of lawyers and physicians; the fees of office; clerk's fees; sheriff's fees; marriage fees, etc..
Exact :: Exact (a.) To demand or require authoritatively or peremptorily, as a right; to enforce the payment of, or a yielding of; to compel to yield or to furnish; hence, to wrest, as a fee or reward when none is due; -- followed by from or of before the one subjected to exaction; as, to exact tribute, fees, obedience, etc., from or of some one..
Pawn :: Pawn (n.) Anything delivered or deposited as security, as for the payment of money borrowed, or of a debt; a pledge. See Pledge, n., 1..
Customable :: Customable (a.) Subject to the payment of customs; dutiable.
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