Search Results for: DATION EN PAIEMENT

dation en paiement

dation en paiement (day-sh[schwa]n in pay-m[schwa]nt or da-syon ahn pay-mon), n. [French “a giving in payment”] Civil law. 1. An exchange of something instead of money to satisfy a debt. See ACCORD AND SATISFACTION. [Cases: Accord and Satisfaction 13. C.J.S. Accord and Satisfaction §§ 25–27, 29.] 2. Louisiana law. A contract in which the obligor […]

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dation en paiement

dation en paiement 〈法〉 (1)实物清偿;以物偿债 指债务人将非金钱财产转让给债权人,债权人予以接受从而清偿债务的一种程序。类似于普通法中的和解和清偿〔accord and satisfaction〕。见于美国路易斯安那州法律中。 (2)抵押物折价清偿 指当抵押之债超过抵押物价值时,将该抵押物转让与抵押权人,并由其接受从而清偿债务的一种抵押权实现方式。

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giving in payment

giving in payment. Civil law. The act of discharging a debt by giving something to the creditor (with the creditor’s consent) other than what was originally called for. La. Civ. Code art. 2655. • The phrase is a translation of the French dation en paiement and derives from the Roman datio in solutum. See DATION

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