noun the act of paying for something; payment
Defrayment refers to the act of paying a debt or obligation.
In business, defrayment is the action of making payments for goods or services received.
Defrayment can be relevant in educational settings when discussing tuition payments or student loans.
Defrayment may be used in legal contexts to refer to the payment of legal fees or settlements.
Defrayment is used to describe the process of settling expenses or invoices.
In the field of writing, 'defrayment' may be used to refer to the act of reimbursing someone for expenses incurred during the writing process, such as travel or research costs.
Psychologists may use 'defrayment' when discussing payment for services rendered to clients, such as therapy sessions or assessments.
Accountants may use 'defrayment' when referring to the process of settling outstanding invoices or bills on behalf of a client or company.
Lawyers may use 'defrayment' when discussing the reimbursement of legal fees or expenses incurred during a case or transaction.
Consultants may use 'defrayment' when discussing the payment terms for their services, including any expenses that will be reimbursed by the client.