What is the meaning of accord and satisfaction?

noun

  • The settlement of a debt by paying less than the amount demanded in exchange for extinguishing the debt. .
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APAWordNet. (2010). accord and satisfaction. Retrieved September 23, 2026, from http://smartdefine.org/accord_and_satisfaction/definitions/1219154
ChicagoWordNet. 2010. "accord and satisfaction" http://smartdefine.org/accord_and_satisfaction/definitions/1219154 (accessed September 23, 2026).
HarvardWordNet 2010, accord and satisfaction, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/accord_and_satisfaction/definitions/1219154>.
MLAWordNet. "accord and satisfaction" 23 October 2010. Web. 23 September 2026. <http://smartdefine.org/accord_and_satisfaction/definitions/1219154>
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