Quittance: meaning, definitions and examples
๐
quittance
[ หkwษชt.ษns ]
legal document
Quittance refers to a formal release or discharge from a debt or obligation. It is often used in legal contexts to signify that a borrower has fulfilled their financial responsibilities to a lender. In some legal systems, a quittance is specifically a document that confirms that a person has settled a monetary obligation, thus preventing any further claims related to that debt. The term can also imply freedom from an obligation or duty.
Synonyms
discharge, release, settlement.
Examples of usage
- The bank issued a quittance after the loan was fully repaid.
- She kept the quittance as proof of the settlement.
- Upon receiving the quittance, he felt relieved from his financial burdens.
Translations
Translations of the word "quittance" in other languages:
๐ต๐น quitaรงรฃo
๐ฎ๐ณ เคฐเคธเฅเคฆ
๐ฉ๐ช Quitte
- Abrechnung
- Quittung
๐ฎ๐ฉ kwitansi
๐บ๐ฆ ะบะฒะธัะฐะฝััั
๐ต๐ฑ kwit
๐ฏ๐ต ้ ๅๆธ
๐ซ๐ท quittance
๐ช๐ธ recibo
๐น๐ท makbuz
๐ฐ๐ท ์์์ฆ
๐ธ๐ฆ ุฅูุตุงู
๐จ๐ฟ potvrzenรญ
๐ธ๐ฐ potvrdenie
๐จ๐ณ ๆถๆฎ
๐ธ๐ฎ potrdilo
๐ฎ๐ธ kvittun
๐ฐ๐ฟ ัะตะบ
๐ฌ๐ช แแแกแแฆแแแ
๐ฆ๐ฟ qษbul
๐ฒ๐ฝ recibo
Etymology
The word 'quittance' originates from the Middle English term 'quitance', which is derived from the Old French 'quitance', meaning release or discharge. This, in turn, comes from the verb 'quiter', meaning to release or to free. The root can be traced back to Latin 'quietantia', meaning to set free or to be at rest. Historically, the concept of quittance has been important in legal and financial contexts, providing documentation that confirms the settlement of debts. The use of written quittances became more common as commerce expanded, ensuring transparency and protection for both creditors and debtors.