Satisfaction in Europe
Definition of Satisfaction
The extinguishment of an obligation by performance, e.g., the payment of a debt. A judgment may be satisfied by payment or execution. The equitable doctrine of satisfaction relates to the doing of an act in substitution for the performance of an obligation
(1) Satisfaction of debts. If A, after contracting a debt, makes a will giving B a pecuniary legacy equal to or greatei;than the debt, the legacy is considered a satisfaction of the debt unless a contrary intention appears
(2) Satisfaction of Portions. When a father or a person in loco parentis has covenanted to provide a portion (g.v.) and subsequently by will provides a portion, or subsequently makes a gift in the nature of a portion, the second provision is presumed to be wholly or pro tanto in substitution for the first.
Equity leans against satisfaction of debts but favours satisfaction of portions. See Ademption; Accord and Satisfaction; Talbot v. Duke of Shrewsbury; Blandy v. Widmorc
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| Satisfaction | Satisfaction in the Family Law Portal of the European Encyclopedia of Law. |
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| Satisfaction | Satisfaction in the Commercial Law Portal of the European Encyclopedia of Law. |
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| Satisfaction | Satisfaction in the Family Law Portal of the European Encyclopedia of Law. |
| Satisfaction | Satisfaction in the Civil Law Portal of the European Encyclopedia of Law. |
| Satisfaction | Satisfaction in the Constitutional Law Portal of the European Encyclopedia of Law. |
| Satisfaction | Satisfaction in the Taxation Law Portal of the European Encyclopedia of Law. |
| Satisfaction | Satisfaction in the Banking and Finance Law Portal of the European Encyclopedia of Law. |
| Satisfaction | Satisfaction in the Employment and Labour Portal of the European Encyclopedia of Law. |
| Satisfaction | Satisfaction in the Injury and Tort Law Portal of the European Encyclopedia of Law. |
| Satisfaction | Satisfaction in the Environmental Law Portal of the European Encyclopedia of Law. |
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Notice
Definition of Satisfaction is, temporally, from A Concise Law Dictionary (1927). This page needs to be proofread.
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