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ing, or giving compensation; the discharge of a debt or an obligation. No man envieth the payment of a debt. Bacon.

Neglect or failure to pay.

Payment in advance.

The act of repaying; reimbursement. Jer. Taylor.

Gratuitous discharge; a release from debt or obligation without payment; free remission.

re an equivalent is received (as money or goods), towards a capital or stock, or on loan; payment beforehand; the money or goods thus furnished; money or value supplied beforehand. I shall, with pleasure, make the necessary advances. Jay. The account was made up with intent to show what advances had been made. Kent. In…

An advance of money or value; payment in advance. See Advance, 5.

One opposed to the payment of rent; esp. one of those who in 1840-47 resisted the collection of rents claimed by the patroons from the settlers on certain manorial lands in the State of New York. -- An`ti*rent"ism, n.

ar purpose, or in a particular case; to appropriate; to devote; as, to apply money to the payment of a debt.

The application of payment of money by a debtor to his creditor, to one of several debts which are due from the former to the latter. Chitty.

That which is behind in payment, or which remains unpaid, though due; esp. a remainder, or balance which remains due when some part has been paid; arrearage; -- commonly used in the plural, as, arrears of rent, wages, or taxes. Locke. For much I dread due payment by the Greeks Of yesterday's arrear. Cowper. I have a la…

That which remains unpaid and overdue, after payment of a part; arrears. The old arrearages . . . being defrayed. Howell.

Property of a deceased person, subject by law to the payment of his debts and legacies; -- called assets because sufficient to render the executor or administrator liable to the creditors and legatees, so far as such goods or estate may extend. Story. Blackstone.

Insurance; a contract for the payment of a sum on occasion of a certain event, as loss or death.

In return, repayment, or requital. What have I to give you back! Shak.

seller's postponement of delivery of stock or shares, with the consent of the buyer, upon payment of a premium to the latter; -- also, the premium so paid. See Contango. Biddle.

make the sums of the debits and credits of an account equal; -- said of an item; as, this payment, or credit, balances the account.

One who holds a check, note, draft, or other order for the payment of money; as, pay to bearer.

payable to order or to bearer. So also the order generally expresses a specified time of payment, and that it is drawn for value. The person who draws the bil is called the drawer, the person on whom it is drawn is, before acceptance, called the drawee, -- after acceptance, the acceptor; the person to whom the money i…

Payment of money exacted by means of intimidation; also, extortion of money from a person by threats of public accusation, exposure, or censure.