Definition from macmillandictionary.com
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The first payment is due on 31 January.
You have to make a payment of £55 every month.
He failed to meet payments on his rent.
Large cash payments had been made to four government ministers.
We require prompt payment of all bills.
Membership may be renewed on payment of further subscriptions.
Many companies delay payment as long as they can.
Such treatment didn’t seem like fair payment for his years of loyalty.