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DATION EN PAIEMENT Definition & Legal Meaning

Law dictionary entry - legal definition of embargo

Definition & Citations:

In French law. A giving by the debtor and receipt by the creditor of something in payment of a debt, instead of a sum of money. It is somewhat like the accord and satisfaction of the common law. 16 Toul- lier, no. 45; Poth. Vente, no. 601.

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