JLR Dictionnary
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      Giving in Payment

      Giving in Payment: a means of extinguishing (cancelling) an obligation whereby the debtor gives the creditor (who must accept) something different than that which they had originally agreed on.

      Voluntary Giving in Payment: a means of extinguishing (cancelling) an obligation in which the debtor voluntarily gives the creditor (who must accept) something different than that which they had originally agreed on.