Definition of Payment. Meaning of Payment. Synonyms of Payment

Here you will find one or more explanations in English for the word Payment. Also in the bottom left of the page several parts of wikipedia pages related to the word Payment and, of course, Payment synonyms and on the right images related to the word Payment.

Definition of Payment

Payment
Payment Pay"ment, n. [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.]

Meaning of Payment from wikipedia

- payment is commonly called the payer, while the payee is the party receiving the payment. Whilst payments are often made voluntarily, some payments are...
- A payment system is any system used to settle financial transactions through the transfer of monetary value. This includes the institutions, payment instruments...
- Payment cards are part of a payment system issued by financial institutions, such as a bank, to a customer that enables its owner (the cardholder) to...
- Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices...
- Split payment (also split payment transaction) is the financial term for the act of splitting (dividing) a single and full amount of payment in two or...
- A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payment processing...
- In macroeconomics and finance, a transfer payment (also called a government transfer or simply fiscal transfer) is a redistribution of income and wealth...
- Mobile payment, also referred to as mobile money, mobile money transfer and mobile wallet, is any of various payment processing services operated under...
- National Payments Corporation of India (NPCI) is an Indian public sector company that operates retail payments and settlement systems in India. The organization...
- A payment bond is a surety bond posted by a contractor to guarantee that its subcontractors and material suppliers on the project will be paid. They are...