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1 a : the act or fact of satisfying
b : execution of an accord by performance of the substituted obligation often used in the phrase accord and satisfaction compare accord, transaction
c : a document indicating that an obligation has been satisfied [a of mortgage]
2 : the quality or state of being satisfied
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.