A surname from French.

(uncountable) The act of paying. / (countable) An instance of that act; a sum of money paid in exchange for goods or services, or the transaction that conveys it.

plural of payment

plural of Payment

Money that an employer pays to an employee when the employee leaves the company in case of layoffs, often in exchange for some kind of waiver.

(banking) The amount paid per month in Principal, Interest, Taxes and Insurance for a given property. Used in determining the debt/income ratio.

A meager monetary allowance, wage, or remuneration; a very small payment.

An overdue payment from a debtor to a creditor on money owed.

plural of down payment

(law, finance) A payment representing a fraction of the price of something being purchased, made to secure the right to continue making payments towards that purchase.