What this suffix does
The suffix -ment takes a verb and creates the noun that names the action, process or its concrete result. From "develop" you get "development"; from "agree" you get "agreement"; from "pay" you get "payment". It is the second most common noun-forming suffix after -tion. The key difference: -tion tends to pair with Latin-origin verbs, while -ment pairs more often with native English and French-origin verbs.
