The Collaborative International Dictionary of English v.0.48:
Pay \Pay\, n.
   1. Satisfaction; content. --Chaucer.
      [1913 Webster]
   2. An equivalent or return for money due, goods purchased, or
      services performed; salary or wages for work or service;
      compensation; recompense; payment; hire; as, the pay of a
      clerk; the pay of a soldier.
      [1913 Webster]
            Where only merit constant pay receives. --Pope.
      [1913 Webster]
            There is neither pay nor plunder to be got.
                                                  --L'Estrange.
      [1913 Webster]
   Full pay, the whole amount of wages or salary; maximum pay;
      especially, the highest pay or allowance to civil or
      military officers of a certain rank, without deductions.
   Half pay. See under Half.
   Pay day, the day of settlement of accounts.
   Pay dirt (Mining), earth which yields a profit to the
      miner. [Western U.S.]
   Pay office, a place where payment is made.
   Pay roll,
      (a) a roll or list of persons entitled to payment, with
          the amounts due; now usually one word, payroll.
      (b) the total sum of money which is paid to all employees
          on payday.
          [1913 Webster +PJC]