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token payment

noun
1.
a small payment binding an agreement or acknowledging a debt.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for token payment
  • Medical benefits are provided through a clinic to all residents in exchange for a small token payment.
  • Few examples were found where a public agency had been able to obtain more than a token payment for supplying treated effluent.
British Dictionary definitions for token payment

token payment

noun
1.
a small payment made in acknowledgment of the existence of debt
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Value for token

9
10
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