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term:
Dation En Paiement
dation en paiement
in the civil law of Louisiana
: a mode of discharging a debt by the debtor’s giving to the creditor with the creditor’s consent something that satisfies the debt but differs from the form of payment originally called for by the debt called also giving in payment
Source: Merriam-Webster’s Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.