dation in payment
da·tion in pay·ment
¦dāshənə̇nˈpāmənt
variants
or dation en paiement
däsyōⁿnäⁿpeymäⁿ
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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“Dation in payment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/dation%20in%20payment. Accessed 28 Nov. 2024.
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