Definition of payment

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Payment (n.) The act of paying, or giving compensation; the discharge of a debt or an obligation..

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Installment :: Installment (n.) A portion of a debt, or sum of money, which is divided into portions that are made payable at different times. Payment by installment is payment by parts at different times, the amounts and times being often definitely stipulated..
Entertainment :: Entertainment (n.) Payment of soldiers or servants; wages.
Wage :: Wage (v. t.) That for which one labors; meed; reward; stipulated payment for service performed; hire; pay; compensation; -- at present generally used in the plural. See Wages.
Protest :: Protest (v.) A solemn declaration in writing, in due form, made by a notary public, usually under his notarial seal, on behalf of the holder of a bill or note, protesting against all parties liable for any loss or damage by the nonacceptance or nonpayment of the bill, or by the nonpayment of the note, as the case may be..
Appropriation :: Appropriation (n.) The application of payment of money by a debtor to his creditor, to one of several debts which are due from the former to the latter..
Remit :: Remit (v. t.) To transmit or send, esp. to a distance, as money in payment of a demand, account, draft, etc.; as, he remitted the amount by mail..
Bottomry :: Bottomry (n.) A contract in the nature of a mortgage, by which the owner of a ship, or the master as his agent, hypothecates and binds the ship (and sometimes the accruing freight) as security for the repayment of money advanced or lent for the use of the ship, if she terminates her voyage successfully. If the ship is lost by perils of the sea, the lender loses the money; but if the ship arrives safe, he is to receive the money lent, with the interest or premium stipulated, although it may, and
Extend :: Extend (v. t.) To enlarge; to widen; to carry out further; as, to extend the capacities, the sphere of usefulness, or commerce; to extend power or influence; to continue, as time; to lengthen; to prolong; as, to extend the time of payment or a season of trail..
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..
Quarterly :: Quarterly (a.) Recurring during, or at the end of, each quarter; as, quarterly payments of rent; a quarterly meeting..
Rent :: Rent (n.) A certain periodical profit, whether in money, provisions, chattels, or labor, issuing out of lands and tenements in payment for the use; commonly, a certain pecuniary sum agreed upon between a tenant and his landlord, paid at fixed intervals by the lessee to the lessor, for the use of land or its appendages; as, rent for a farm, a house, a park, etc..
Contango :: Contango (n.) The postponement of payment by the buyer of stock on the payment of a premium to the seller. See Backwardation.
Indulgence :: Indulgence (n.) Remission of the temporal punishment due to sins, after the guilt of sin has been remitted by sincere repentance; absolution from the censures and public penances of the church. It is a payment of the debt of justice to God by the application of the merits of Christ and his saints to the contrite soul through the church. It is therefore believed to diminish or destroy for sins the punishment of purgatory..
Modus :: Modus (n.) A fixed compensation or equivalent given instead of payment of tithes in kind, expressed in full by the phrase modus decimandi..
Shave :: Shave (v. t.) A premium paid for an extension of the time of delivery or payment, or for the right to vary a stock contract in any particular..
Tidewaiter :: Tidewaiter (n.) A customhouse officer who watches the landing of goods from merchant vessels, in order to secure payment of duties..
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..
Honorary :: Honorary (a.) An honorary payment, usually in recognition of services for which it is not usual or not lawful to assign a fixed business price..
Heriotable :: Heriotable (a.) Subject to the payment of a heriot.
Security :: Security (n.) Something given, deposited, or pledged, to make certain the fulfillment of an obligation, the performance of a contract, the payment of a debt, or the like; surety; pledge..
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