Noun: payment pey-munt
- The act of paying money
"The company's payment of the debt improved its financial standing";
- defrayal, defrayment
- A sum of money paid or a claim discharged
"They made the final payment on their mortgage"
- An act of requiting; returning in kind
"The payment for his services was prompt";
- requital
Derived forms: payments
Type of: commerce, commercialism, cost, getting even, mercantilism, paying back, return
Antonym: default
Encyclopedia: Payment, Thomas