Part of speech: noun

The act of paying; requital; recompense.

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Usage examples "payment":

  1. The payment was occasionally in kind, but money was the usual medium of exchange. - "Early Israel and the Surrounding Nations", Archibald Sayce.
  2. When he entered into the contract he was a rich man; and as he was not to receive his first payment from the government for twenty days, probably only a rich man could have had the credit necessary to put so much machinery into motion. - "James B. Eads", Louis How.
  3. Then that's where they'll look for payment of their bonds. - "The Iron Furrow", George C. Shedd.