Pament vs. Payment — What's the Difference?

A pavement.

A payment is the voluntary tender of money or its equivalent or of things of value by one party (such as a person or company) to another in exchange for goods, or services provided by them, or to fulfill a legal obligation. The party making a payment is commonly called the payer, while the payee is the party receiving the payment.

The act of paying or the state of being paid.

An amount paid

One's due, reward, or punishment; requital.

(uncountable) The act of paying.

(countable) An instance of that act; a sum of money paid in exchange#Noun for goods or services, or the transaction#Noun that conveys it.

The act of paying, or giving compensation; the discharge of a debt or an obligation.

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.

Punishment; chastisement.

A sum of money paid

The act of paying money