acquittance
/əˈkwɪt(ə)ns
/noun Law
A written receipt attesting the settlement of a fine or debt.The University will provide accurate and timely acquittances to granting bodies in accordance with the terms and conditions specified in each grant contract or agreement....
- Upon partial payment, the creditor may insist on receiving a new bond for the remnant, or he may give an acquittance for the part paid.
- Requirements to be met so that paid cheques do not have to be obtained from banks by public health organisations as acquittances for payment made.
Origin
Middle English: from Old French, from aquiter 'discharge (a debt)' (see acquit).