dation en paiement

da·​tion en paie·​ment

ˈdā-shən-en-ˈpā-mənt, dȧ-ˈsyȯⁿ-äⁿ-pā-ˈmäⁿ

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

Word History

Etymology

French, literally, act of giving in payment