1. (n.) The act of transmitting money, bills, or the like, esp. to a distant place, as in satisfaction of a demand, or in discharge of an obligation.

2. (n.) The sum or thing remitted.

acquitment acquittal acquittance allowance amortization amortizement binder cash cash payment clearance consideration debt service defrayal defrayment deposit disbursal discharge doling out down payment earnest earnest money hire purchase hire purchase plan installment installment plan interest payment liquidation monthly payments never-never paying paying off paying out paying up payment payment in kind payoff prepayment quarterly payments quittance regular payments retirement satisfaction settlement sinking-fund payment spot cash weekly payments