2 definitions found
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
Payment \Pay"ment\, n. [F. payment, paiement. See {Pay} to
requite.]
1. The act of paying, or giving compensation; the discharge
of a debt or an obligation.
No man envieth the payment of a debt. --Bacon.
2. 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. --Shak.
3. Punishment; chastisement. [R.]
From WordNet r 1.6 [wn]:
payment
n 1: a sum of money paid [ant: {nonpayment}]
2: the act of paying money [syn: {paying}, {defrayal}, {defrayment}]
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