D defs.my
Entry 3 senses Webster, 1913

Payment

/pāʹmənt/ · Pay·ment · IPA /ˈpeɪmənt/
01 n. The act of paying, or giving compensation; the discharge of a debt or an obligation.
  1. 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. 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. 3.
    Punishment; chastisement.[R.]