FOLIO Ontology

Accord and Satisfaction

IRI:
https://folio.openlegalstandard.org/RCUjnmv57gJQKiEhT9naTGC
Preferred Label N/A
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Definition

An accord and satisfaction is a legal defense that arises when a debtor offers to pay a creditor a sum of money in exchange for the creditor releasing the debtor from further liability.

Class Relationships

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Translations

🇬🇧 en-gb Accord and Satisfaction
🇫🇷 fr-fr Accord et satisfaction
🇲🇽 es-mx Convenio y Satisfacción
🇪🇸 es-es Transacción y Conformidad
🇧🇷 pt-br Transação extrajudicial
🇩🇪 de-de Vergleich und Erfüllung
🇮🇱 he-il הסכם והפרעה
🇮🇳 hi-in अनुबंध और संतोष
🇯🇵 ja-jp 和解と履行
🇨🇳 zh-cn 和解与履行

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Additional Information

Metadata

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Description

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Editorial Information

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Editorial Note

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Identifier

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Deprecated

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Source and Origin

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