Payment in United States
Payment Definition
The fulfillment of a promise, or the performance of an agreement. The discharge in money of a sum due. In its most general sense, the rendition by the person under an obligation (68 Cal. 41) to the person to whom the same is due, or one lawfully authorized to represent him (6 How. Pr. [N. Y.] 161), of the exact act or thing required by such obligation (23 La. Ann. 84; 3 Duer [N. Y.] 441; 1 Gush. [Mass J 76), with the assent of both parties that the same is rendered and received in satisfaction of such obligation, and not for another purpose (50 Mich. 112; 6 Heisk. [Tenn.] 131). In a more restricted sense, payment is the rendition of a sum of money due. As so used, payment in cash is implied, and the giving of a note or check is not payment. 26 Conn. 487; 70 Iowa, 406; 42 N. Y. 638.
Payment in Foreign Legal Encyclopedias
| Link | Description |
|---|---|
| Payment | Payment in the World Legal Encyclopedia. |
| Payment | Payment in the European Legal Encyclopedia. |
| Payment | Payment in the Asian Legal Encyclopedia. |
| Payment | Payment in the UK Legal Encyclopedia. |
| Payment | Payment in the Australian Legal Encyclopedia. |
For starting research in the law of a foreign country:
Browse the American Encyclopedia of Law for Payment
Scan Payment in the appropriate area of law:
| Link | Description |
|---|---|
| Payment | Payment in the Family Law Portal of the American Encyclopedia of Law. |
| Payment | Payment in the IP Portal of the American Encyclopedia of Law. |
| Payment | Payment in the Commercial Law Portal of the American Encyclopedia of Law. |
| Payment | Payment in the Criminal Law Portal of the American Encyclopedia of Law. |
| Payment | Payment in the Antritrust Portal of the American Encyclopedia of Law. |
| Payment | Payment in the Bankruptcy Law Portal of the American Encyclopedia of Law. |
| Payment | Payment in the Constitutional Law Portal of the American Encyclopedia of Law. |
| Payment | Payment in the Tax Law Portal of the American Encyclopedia of Law. |
| Payment | Payment in the and Finance and Banking Portal of the American Encyclopedia of Law. |
| Payment | Payment in the Employment and Labor Portal of the American Encyclopedia of Law. |
| Payment | Payment in the Personal Injury and Tort Portal of the American Encyclopedia of Law. |
| Payment | Payment in the Environmental Law Portal of the American Encyclopedia of Law. |
Explore other Reference Works
| Resource | Description |
|---|---|
| Payment in the Dictionaries | Payment in our legal dictionaries |
| http://lawi.us/payment | The URI of Payment (more about URIs) |
| Payment related entries | Find related entries of Payment |
Legal Issue for Attorneys
The fulfillment of a promise, or the performance of an agreement. The discharge in money of a sum due. In its most general sense, the rendition by the person under an obligation (68 Cal. 41) to the person to whom the same is due, or one lawfully authorized to represent him (6 How. Pr. [N. Y.] 161), of the exact act or thing required by such obligation (23 La. Ann. 84; 3 Duer [N. Y.] 441; 1 Gush. [Mass J 76), with the assent of both parties that the same is rendered and received in satisfaction of such obligation, and not for another purpose (50 Mich. 112; 6 Heisk. [Tenn.] 131). In a more restricted sense, payment is the rendition of a sum of money due. As so used, payment in cash is implied, and the giving of a note or check is not payment. 26 Conn. 487; 70 Iowa, 406; 42 N. Y. 638.
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Notice
This definition of Payment Is based on the The Cyclopedic Law Dictionary . This definition needs to be proofread..
Payment (Bank Collections)
This section introduces, discusses and describes the basics of payment. Then, cross references and a brief overview about Bank Collections is provided. Finally, the subject of Commercial Law in relation with payment is examined. Note that a list of cross references, bibliography and other resources appears at the end of this entry.
Payment (Negotiable Instruments)
This section introduces, discusses and describes the basics of payment. Then, cross references and a brief overview about Negotiable Instruments is provided. Finally, the subject of Commercial Law in relation with payment is examined. Note that a list of cross references, bibliography and other resources appears at the end of this entry.
Resources
See Also
Further Reading (Articles)
“Payment System with Time Restrictions” in Patent Application Approval Process, Politics & Government Week; September 6, 2012
Payments: New Payment Czars Guide Bank Strategy: In the electronic age, payments are a line of business unto itself. With myriad options, channels and competitors, banks are appointing execs to oversee everything related to payments., Banking Wire; November 15, 2004; O’Connell, Brian
RECURRING PAYMENTS MAKE/YIELD RECURRING PROFITS., National Underwriter Life & Health-Financial Services Edition; May 31, 1999
Payments By Enron Are “Settlement Payments” Under The Bankruptcy Code’s Safe Harbor Provisions., Mondaq Business Briefing; July 20, 2011
PAYMENTS: Banks Can Get Quick Fees for Fast Payments: Institutional income for expedited electronic payments could approach $2 billion within a year., Banking Wire; October 28, 2008; Adams, John;
“Payment Authorization System” in Patent Application Approval Process, Politics & Government Week; January 23, 2014
Payments Fraud: Perception versus Reality-A Conference Summary, Economic Perspectives; March 22, 2009; Gates, Tiffany Jacob, Katy
PAYMENTS: Banks Can Get Quick Fees for Fast Payments; Institutional income for expedited electronic payments could approach $2 billion within a year.(Leading Off), Bank Technology News; October 1, 2008
“Displaying Payment Instrument Art” in Patent Application Approval Process, Computer Weekly News; February 27, 2014
“Payment Template Page Queue for a Mobile Device” in Patent Application Approval Process, Politics & Government Week; May 1, 2014
Payment Due: An Overview of the Payments Industry Reveals an Inevitable but Slightly Unsettling Future. Marketers Need to Grasp the Long-Term Trends and Adjust Their Strategic Plans Accordingly, ABA Bank Marketing; November 1, 2013; Schmidt, Andy
ELECTRONIC PAYMENTS GAINING ON CHECK USE AS AMERICANS TURN TO CREDIT, DEBIT CARDS, The Columbian (Vancouver, WA); November 15, 2001; JEANNINE AVERSA, Associated Press writer
Payments to Former Spouses, The CPA Journal; March 1, 1998; Maydew, Gary L.
Payment and Collection, Army Lawyer; January 1, 2007; Ries, Mark A
Payments to farmers rise Income supplement highest since 2001, The Pantagraph Bloomington, IL; January 11, 2006; Chris Anderson
PAYMENT SYSTEMS OF THE FUTURE, Bank News; October 1, 2011; Blatt, Louis
Payment Gateway Firms, ISO & Agent; July 1, 2013
Payment Service Includes Backup and Disaster Recovery, Product News Network; July 17, 2013
“Payment Apparatus and Method Using Portable Ter
minal in Broadcasting Receiver” in Patent Application Approval Process, Electronics Newsweekly; July 17, 2013
Payments Perspective, Independent Banker; November 1, 2005; Whaley, Cary
Payment in State Statute Topics
Introduction to Payment (State statute topic)
The purpose of Payment is to provide a broad appreciation of the Payment legal topic. Select from the list of U.S. legal topics for information (other than Payment).
Resources
Further Reading
- Information about Payment in the Gale Encyclopedia of American Law.
Cap (payment) in the context of Real Estate
Resurces
See Also
- Payment cap
Lifetime Payment Cap in the context of Real Estate
Resurces
See Also
- Payment Cap
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