dation en paiement

da·tion en paie·ment | \ˈdā-shən-en-ˈpā-mənt, dȧ-ˈsyȯⁿ-äⁿ-pā-ˈmäⁿ\

Legal Definition of 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

History and Etymology for dation en paiement

French, literally, act of giving in payment

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