'Payment' definitions:

Definition of 'payment'

From: WordNet
noun
A sum of money paid or a claim discharged [ant: default, nonpayment, nonremittal]
noun
The act of paying money [syn: payment, defrayal, defrayment] [ant: evasion, nonpayment]
noun
An act of requiting; returning in kind [syn: requital, payment]

Definition of 'Payment'

From: GCIDE
  • 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. [1913 Webster]
  • No man envieth the payment of a debt. --Bacon. [1913 Webster]
  • 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. [1913 Webster]
  • 3. Punishment; chastisement. [R.] [1913 Webster]

Synonyms of 'payment'

From: Moby Thesaurus