Acceptilation

2 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Acceptilation \Ac*cep`ti*la"tion\, n. [L. acceptilatio entry of
     a debt collected, acquittance, fr. p. p. of accipere (cf.
     {Accept}) + latio a carrying, fr. latus, p. p. of ferre to
     carry: cf. F. acceptilation.] (Civil Law)
     Gratuitous discharge; a release from debt or obligation
     without payment; free remission.


     [1913 Webster]

From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:

  ACCEPTILATION, contracts. In the civil law, is a release made by a creditor
  to his debtor of his debt, without receiving any consideration. Ayl. Pand.
  tit. 26, p. 570. It is a species of donation, but not subject to the forms
  of the latter, and is valid, unless in fraud of creditors. Merlin, Repert.
  de Jurisp. h.t. Acceptilation may be defined verborum conceptio qua
  creditor debitori, quod debet, acceptum fert; or, a certain arrangement of
  words by which on the question of the debtor, the creditor, wishing to
  dissolve the obligation, answers that he admits as received, what in fact,
  he has not received. The acceptilation is an imaginary payment. Dig. 46, 4,
  1 and 19; Dig. 2, 14, 27, 9; Inst. 3, 30, 1.