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accord and satisfaction

n.
1.the settlement of a debt by paying less than the amount demanded in exchange for extinguishing the debt

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Word of the Day

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  • accord
  • accomplishment
  • accomplished fact
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  • accomplish
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  • accompanyist
  • accompanying vein
  • accompanying
  • accordance
  • accordance of rights
  • accordant
  • according
  • accordingly
  • accordion
  • accordion door
  • accordionist
  • accouchement
  • accoucheur
  • ockham's razor
  • lumbar nerve
  • genus crocodylus
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  • affirmativeness
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  • de l'orme
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  • Idiom of the Day

    grounds for (something)
    the basis or reason for legal action or a complaint
    The fact that the man stole the money was grounds for his dismissal from the company.



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