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PECULIARS Definition & Legal Meaning

Definition & Citations:

COURT OP Ga. 27, 11 S. E. 721; HufTmans v. Walker, 26 Grat. (Va.) 316. By “payment” is meant not only the delivery of a sum of money, when such is the obligation of the contract, but the performance of that which the parties respectively undertook, whether it be to give or to do. Civ. Code La. art. 2131. Performance of an obligation for the delivery of money only is called “payment” Civ. Code Cal.

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