Final answer:
Child support is a regular payment of money made by one parent to the custodial parent for the financial support of their child. The amount of child support is set by the court and is based on various factors.
Step-by-step explanation:
Regular payments of money, in an amount set by the court, and paid to the custodial parent of a child is known as Child support. Child support is a legal obligation that one parent has to financially support their child after a divorce or separation. The amount of child support is determined by the court and is based on factors such as the income of both parents, the needs of the child, and the custody arrangement.