PAYMENT
payment, defrayal, defrayment
(noun) the act of paying money
requital, payment
(noun) an act of requiting; returning in kind
payment
(noun) a sum of money paid or a claim discharged
Source: WordNet® 3.1
Etymology
Noun
payment (countable and uncountable, plural payments)
(uncountable) The act of paying.
(countable) A sum of money paid in exchange for goods or services.
Synonyms
• scot
Source: Wiktionary
Pay"ment, n. Etym: [F. payment, paiement. See Pay to requite.]
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. 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. Punishment; chastisement. [R.]
Source: Webster’s Unabridged Dictionary 1913 Edition