discharge payment

  • 1discharge — dis·charge 1 /dis chärj, dis ˌchärj/ vt 1: to release from an obligation: as a: to relieve of a duty under an instrument (as a contract or a negotiable instrument); also: to render (an instrument) no longer enforceable a formal instrument...may… …

    Law dictionary

  • 2discharge — An order from the Bankruptcy Court releasing the debtor from any and all dischargeable debts which arose prior to the petition date (SA Bankruptcy.com) The legal elimination of debt through a bankruptcy case. When a debt is discharged, it is no… …

    Glossary of Bankruptcy

  • 3payment — I (act of paying) noun acquittal, acquittance, amortization, amortizement, clearance, compensation, defrayal, defrayment, disbursement, discharge of a debt, expenditure, liquidation, outlay, quittance, receipt in full, reckoning, recompense,… …

    Law dictionary

  • 4Discharge — Dis*charge , n. [Cf. F. d[ e]charge. See {Discharge}, v. t.] 1. The act of discharging; the act of relieving of a charge or load; removal of a load or burden; unloading; as, the discharge of a ship; discharge of a cargo. [1913 Webster] 2. Firing… …

    The Collaborative International Dictionary of English

  • 5Payment — Pay ment, n. [F. payment, paiement. See {Pay} to requite.] 1. The act of paying, or giving compensation; the discharge of a debt or an obligation. [1913 Webster] No man envieth the payment of a debt. Bacon. [1913 Webster] 2. That which is paid;… …

    The Collaborative International Dictionary of English

  • 6discharge — [n1] setting free acquittal, clearance, disimprisonment, exoneration, liberation, pardon, parole, probation, release, remittance; concept 127 Ant. hold, imprisonment, incarceration, keep, retention discharge [n2] dismissal from responsibility ax …

    New thesaurus

  • 7Discharge — Dis*charge , v. t. [imp. & p. p. {Discharged}; p. pr. & vb. n. {Discharging}.] [OE. deschargen, dischargen, OF. deschargier, F. d[ e]charger; pref. des (L. dis) + chargier, F. charger. See {Charge}.] 1. To relieve of a charge, load, or burden; to …

    The Collaborative International Dictionary of English

  • 8payment in due course — Payment at or after the maturity of the instrument to the holder thereof in good faith and without notice that his title is defective. 11 Am J2d B & N § 964. For effect of the Commercial Code upon the requirement of a payment in due course for… …

    Ballentine's law dictionary

  • 9discharge of an instrument — in the law of negotiable instruments a bill of exchange is discharged when all rights of action thereon are extinguished. It then ceases to be negotiable, and if it subsequently comes into the hands of a holder in due course he acquires no right… …

    Law dictionary

  • 10discharge of a debt — index expense (cost), payment (act of paying) Burton s Legal Thesaurus. William C. Burton. 2006 …

    Law dictionary