ACCORD AND SATISFACTION

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does accord and satisfaction mean? 

• ACCORD AND SATISFACTION (noun)
  The noun ACCORD AND SATISFACTION has 1 sense:

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

  Familiarity information: ACCORD AND SATISFACTION used as a noun is very rare.

 Dictionary entry details 

• ACCORD AND SATISFACTION (noun)

Sense 1

Meaning:

The settlement of a debt by paying less than the amount demanded in exchange for extinguishing the debt

Classified under:

Nouns denoting communicative processes and contents

Hypernyms ("accord and satisfaction" is a kind of...):

settlement (a conclusive resolution of a matter and disposition of it)