DATION IN PAYMENT


Meaning of DATION IN PAYMENT in English

|dāshənə̇nˈpāmənt

or da·tion en paie·ment däsyōⁿnäⁿpeymäⁿ

Etymology: French dation en paiement

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

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.