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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