SuaviloquyToday’s word

payment

Payment, n.

Etymology: [F. payment, paiement. See Pay to requite.]

1. The act of paying, or giving compensation; the discharge of a debt or an obligation. No man envieth the payment of a debt. Bacon.

2. That which is paid; the thing given in discharge of a debt, or an obligation, or in fulfillment of a promise; reward; recompense; requital; return. Shak.

3. Punishment; chastisement. [R.]

Shades of meaning

Fernald has no entry of its own for payment; he lists it under pay.

He lists it without comment; the entries above explain its neighbors.