dation in payment
da·tion in pay·ment
| \ ¦dāshənə̇nˈpāmənt\
variants:
or dation en paiement \ däsyōⁿnäⁿpeymäⁿ \
Definition of dation in payment
civil law
: a mode of discharging a debt or claim by the debtor's giving to the creditor with the latter's consent something in full satisfaction of the obligation but of a character different from that originally called for by the obligation
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