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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.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Moreover, several of the acquittances indicate that the tradesmen who worked on the project were hired by Street who served as overseer for all phases of the project; for instance, William Shepherd, bricklayer, and Richard Deller, bargeman, were both paid "at the appointment of Peter Street." And if the schedule of payments in the annotations is at all accurate, despite a few delays, the work on the Fortune ticked along fairly regularly.
In human terms, the list of acquittances on the back of the Fortune contract also offers a directory of Street's crew and the craftsmen with whom he worked.
In looking over the list of acquittances it appears that both Henslowe and Alleyn kept accounts, but Henslowe's hand predominates.