PAYMENT

payment. Payment, n. the act of paying, reward

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Pay″ment (?), n. [[F. payment, paiement. See Pay to requite.]] 1. 1. The act of paying, or giving compensation; the discharge of a debt or an obligation.
No man envieth the payment of a debt. Bacon. 2. 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.
3. 3. Punishment; chastisement.