Definify.com
Webster 1913 Edition
Payment
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.]
Webster 1828 Edition
Payment
PA'YMENT
,Noun.
1.
The thing given in discharge of a debt or fulfillment of a promise.2.
Reward; recompense.3.
Chastisement; sound beating. [Not used.]