(noun) An arrangement between a man and a woman who are dating or are good friends in which case the woman trades her man sex in exchange for goods or services. Such an arrangement is also mereferred to as hoing, whoring, prostituting, etc.
Nikki was talking to his grandma, and was telling her about the arrangement he and his true love Betsy had as far as pussy payments were concerned. Rolling her eyes as she began, Grandma told him, "Grandson, you about stupid as all hell. 'Pussy payments'? Humphhh, child, that's just plain ol' whoring, Mr. Two Degrees".
by Nikki Stixx August 22, 2020
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When a guy buys things for a girl or takes her to dinner & a movie, he's making an investment to get the pussy later. Made famous by Jerry lavigne jr.
Guy 1 : Yo, I gotta go make a pussy payment later. I gotta step it up, this bitch is high class. Taking her to Jamaica.

Guy 2 : The pussy better be worth it!

Every guy makes pussy payments, there's always a price. Might be a drink, or a vacation, all depending on the girl. Still a payment.
by BeeLee Hodgens May 26, 2011
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