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acquittance Options
Daemon
Posted: Tuesday, March 22, 2016 12:00:00 AM
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acquittance

(noun) A written release from an obligation, specifically a receipt indicating payment in full.

Synonyms: release

Usage: After years of haggling over debts and money owed, the two men resolved their dispute and drew up an acquittance.
MelissaMe
Posted: Tuesday, March 22, 2016 11:27:45 AM

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Why is the word origin and derivation so often missing from the definitions? Not talking

This is my only now.
Rahul Goyal
Posted: Tuesday, March 22, 2016 4:52:53 PM

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Middle English: from Old French, from aquiter ‘discharge (a debt)’ (see acquit).
monamagda
Posted: Tuesday, March 22, 2016 6:37:59 PM

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A document that shows that a debtor has been released from a debt obligation. An acquittance are often given as an indication from the lender to a debtor that the owed amount has been completely repaid and that the lender cannot request further repayment on that specific debt.


BREAKING DOWN 'Acquittance'
Banks and other mortgage lenders often issue some form of an acquittance once a mortgagor makes a final payment toward his or her mortgage. This provides the borrower with an official statement that the loan has been repaid in full.




Investopedia http://www.investopedia.com/terms/a/acquittance.asp#ixzz43fsC17Hw


MelissaMe
Posted: Tuesday, March 22, 2016 11:13:21 PM

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Rahul Goyal wrote:
Middle English: from Old French, from aquiter ‘discharge (a debt)’ (see acquit).


Coo! Thankee, Oh Fiery One!

This is my only now.
Irma Crespo
Posted: Thursday, March 24, 2016 4:24:15 AM

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Noun 1. acquittance - a legal document evidencing the discharge of a debt or obligationacquittance - a legal document evidencing the discharge of a debt or obligation
≡release

↔legal document, legal instrument, official document, instrument - (law) a document that states some contractual relationship or grants some right

↔law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"


Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.



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