Definition Definition

payment - Meaning and Examples

Meaning of 'payment' (Webster Dictionary)

1 . Payment [ n.]
- The act of paying, or giving compensation; the discharge of a debt or an obligation.
- 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.
- Punishment; chastisement.