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Payable. [Scot.]

A payment of money; a toll or duty; also, the rendering of a service. Burrill.

To pay the price of. [Obs.] With thine own blood to price his blood. Spenser.

Precedence; superior rank. Shak. Priority of debts, a superior claim to payment, or a claim to payment before others.

he character of servants, etc. -- Privileged debts (Law), those to which a preference in payment is given out of the estate of a deceased person, or out of the estate of an insolvent. Wharton. Burrill. -- Privileged witnesses (Law) witnesses who are not obliged to testify as to certain things, as lawyers in relation…

to engage; as, to promise a visit; to promise a cessation of hostilities; to promise the payment of money. "To promise aid." Shak.

laration of something to be done or forborne. Promissory note (Law), a written promise to pay to some person named, and at a time specified therein, or on demand, or at sight, a certain sum of money, absolutely and at all events; -- frequently called a note of hand. Kent. Byles. Story.

A limit of time given for payment of an account for produce purchased, this limit varying with different goods. See Prompt-note. To cover any probable difference of price which might arise before the expiration of the prompt, which for this article [tea] is three months. J. S. Mill.

A memorandum of a sale, and time when payment is due, given to the purchaser at a sale of goods.

all parties liable for any loss or damage to be sustained by the nonacceptance or the nonpayment of the bill or note, as the case may be. This should be made by a notary public, whose seal it is the usual practice to affix. Kent. Story.

actly to, a regular or an appointed time; precise; prompt; as, a punctual man; a punctual payment. "The race of the undeviating and punctual sun." Cowper. These sharp strokes [of a pendulum], with their inexorably steady intersections, so agree with our successive thoughts that they seem like the punctual stops countin…

To inflict a penalty for (an offense) upon the offender; to repay, as a fault, crime, etc., with pain or loss; as, to punish murder or treason with death.

To obtain by paying money or its equivalent; to buy for a price; as, to purchase land, or a house. The field which Abraham purchased of the sons of Heth. Gen. xxv. 10.

who had charge of the provisions, clothing, and public moneys on shipboard; -- now called paymaster.

as he merited] (Law), a count in an action grounded on a promise that the defendant would pay to the plaintiff for his service as much as he should deserve. -- Quantum sufficit (, or Quantum suff. Etym: [L., as much suffices] (Med.), a sufficient quantity. -- Quantum valebat ( Etym: [L., as much at it was worth] (Law…

Quarter day, a day regarded as terminating a quarter of the year; hence, one on which any payment, especially rent, becomes due. In matters influenced by United States statutes, quarter days are the first days of January, April, July, and October. In New York and many other places, as between landlord and tenant, they…

Recurring during, or at the end of, each quarter; as, quarterly payments of rent; a quarterly meeting.

To discharge, as an obligation or duty; to meet and satisfy, as a claim or debt; to make payment for or of; to requite; to repay. The blissful martyr quyte you your meed. Chaucer. Enkindle all the sparks of nature To quit this horrid act. Shak. Before that judge that quits each soul his hire. Fairfax.…

A rent reserved in grants of land, by the payment of which the tenant is quit from other service. Blackstone.

Recompense; return; repayment. [Obs.] Shak.