Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
dation en paiement
n. [French "a giving in payment"] Civil law. 1. An exchange of something instead of money to satisfy a debt. See ACCORD AND SATISFACTION. 2. A method of satisfying a mortgage debt by transferring the mortgaged property when the mortgage exceeds the property's value and the mortgage-holder is willing to accept the property in satisfaction of the debt. ( Dation en paiement requires court approval after petition and notice.