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Definition of payments - 2 dictionary results

pay⋅ment

[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; ME, var. of paiement < MF. See pay 1 , -ment
pay·ment   (pā'mənt)   
n.  
  1. The act of paying or the state of being paid.
  2. An amount paid: received a large payment.
  3. One's due, reward, or punishment; requital.
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