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Definition for word payment.

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.]


Explination we found from Wikipedia for payment.

- a payment is the transfer of money from one party (such as a person or company) to another. date january 2013- a payment is usually made in
- money is any object or record that is generally accepted as payment for goods and services and repayment of debts in a given socio-
- the payment system is an operational network - governed by laws, rules and standards - that links bank accounts and provides the
- professional sports, as opposed to amateur sports , are sport s in which athletes receive payment for their performance. professional
- a payment gateway is an e-commerce application service provider service that authorizes credit card payments for e-businesses , online
- a payment card is a card that can be used by a cardholder and accepted by a merchant to make a payment for a purchase or in payment of
- a number of electronic money systems use contactless payment transfer in order to facilitate easy payment and give the payee more
- traditionally, professionals in great britain received a fee in contradistinction to a payment, salary, or wage, and would often use guinea
- against (in simultaneous exchange for ) payment of money, to fulfill contract ual obligations, such as those arising under securities trades.
- pdf a proposal to abolish defendants' payment for pain and suffering in return for payment of claimants' attorneys' fees. university of


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