payment

noun ! Definition from Wiktionary (CC BY-SA). Pronunciation from Wiktionary, via Kaikki.org. More about payment at Wordnik → Where our words come from →

1. The act of paying.

   Payment will be made at the end of the month.

2. An instance of that act; a sum of money paid in exchange for goods or services, or the transaction that conveys it.
3. Something of value given in return for an act; payback; recompense; reward.