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.
3. Punishment; chastisement. [R.]
n 1: a sum of money paid [ant: nonpayment]
2: the act of paying money [syn: defrayal, defrayment]