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ACQUITTANCE, contracts. An agreement in writing to discharge a party from an engagement to pay a sum of money. It is evidence of payment. It differs from a release in this, that the latter must be under seal, while an acquittance need not be under seal. Poth. Oblig. n. 781. In Pennsylvania, a receipt, (q.v.) though not under seal, has nearly the same effect as a release. 1 Rawle, R. 391. Vide 3 Salk. 298, pl. 2; Off. of Ex. 217 ; Co. Litt. 212 a, 273 a.

References in periodicals archive ?
Iran's legislator has considered special requirements for obtaining and accuracy of the consent and acquittance that include the compliance with the general conditions of the contracts like intent, willingness, legal capacity, legitimacy and legality.
Here followeth the forme of a Spanish accompt and howe to make a bill of lading, a letter of remembrance, a bill of exchange, a bill of debt, an acquittance, a letter of Atturney, an obligacion, and a Policie for assurance.
14) He felt indebted to the extent that he even claimed that his account of Zayn's life was intended as an acquittance (niskrti).
As a brief example, one interesting document contains a pre-written receipt for 7 [pound sterlings] at the top, with a genteel second-notice from the merchant lender at the bottom: "Worthy sir, if you so please to pay the bearer hereof seven pounds according to the tenor of this [above] acquittance, & a letter formerly sent to you, I shall take it as a great favor, by reason it will save me a journey" (Egerton 2717/115).
Corporation of London Record Office, Chamber Acquittance Book, beginning Michaelmas 1660, f.
Better still of course were the four bonds and one acquittance that Walter Randolph delivered to John Middleton of York in 1394, together with 5s.
The receipt by the Custodian, for the minor, of any principal or income transferred pursuant to this paragraph shall be a full acquittance and discharge of my Personal Representative or Trustee, as applicable, from liability with respect to such transfer and from further accountability for the principal or income so transferred.
77) King: <f> Now must your conscience my acquittance seal, And you must put me in your heart for friend, Sith you have heard, and with a knowing ear, That he which hath your noble father slain Pursued my life.
25,650/2: St Paul's Cathedral Acquittance Book (receipts for salaries 1670-87); contains examples of Bing's signature and also occasionally other comments in his hand