ACCORD AND SATISFACTION

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

The settlement of a debt by paying less than the amount demanded in exchange for extinguishing the debt

Classified under:

Nouns denoting communicative processes and contents

Hypernyms ("accord and satisfaction" is a kind of...):

settlement (a conclusive resolution of a matter and disposition of it)

Credits