The Collaborative International Dictionary of English v.0.48:

Pavement \Pave"ment\, n. [F., fr. LL. pavamentum, L. pavimentum.
   See Pave.]
   That with which anything is paved; a floor or covering of
   solid material, laid so as to make a hard and convenient
   surface for travel; a paved road or sidewalk; a decorative
   interior floor of tiles or colored bricks.
   [1913 Webster]

         The riches of heaven's pavement, trodden gold.
                                                  --Milton.
   [1913 Webster]

   Pavement teeth (Zool.), flattened teeth which in certain
      fishes, as the skates and cestracionts, are arranged side
      by side, like tiles in a pavement.
      [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Pavement \Pave"ment\, v. t.
   To furnish with a pavement; to pave. [Obs.] "How richly
   pavemented!" --Bp. Hall.
   [1913 Webster]

WordNet (r) 3.0 (2006):

pavement
    n 1: the paved surface of a thoroughfare [syn: pavement,
         paving]
    2: material used to pave an area [syn: paving, pavement,
       paving material]
    3: walk consisting of a paved area for pedestrians; usually
       beside a street or roadway [syn: sidewalk, pavement]