Exact historical dictionary sense
Payment in Webster's 1913 dictionary
The 1913 record labels payment as noun. Its source-bounded etymology and selected historical definition appear below.
[F. payment, paiement. See Pay to requite.]
Cross-verified historical senseIn Webster's Revised Unabridged Dictionary (1913), "payment" is labeled noun. Its etymology is recorded as: "[F. payment, paiement. See Pay to requite.]" The selected historical definition says: "The act of paying, or giving compensation; the discharge of a debt or an obligation."