payment

[pey-muhnt]
noun
1.
something that is paid; an amount paid; compensation; recompense.
2.
the act of paying.
3.
reward or punishment; requital.

Origin:
1300–50; Middle English, variant of paiement < Middle French. See pay1, -ment

propayment, adjective
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
payment (ˈpeɪmənt)
 
n
1.  the act of paying
2.  a sum of money paid
3.  something given in return; punishment or reward

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
Thousands of visitors were permitted to enter the shaft and gaze at the
  wonderful tunneling machine on payment of a penny a head.
If you ordered directly from us, please note that it takes a few days for a
  payment to be processed.
Payment by check is preferable as a cancelled check is proof payment has been
  received by us and registration has been processed.
Payment must be made by closing unless advertising is placed through an
  accredited agency.
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