discharge+one's+obligation+to
21To pay off — Pay Pay, v. t. [imp. & p. p. {Paid}; p. pr. & vb. n. {Paying}.] [OE. paien, F. payer, fr. L. pacare to pacify, appease, fr. pax, pacis, peace. See {Peace}.] 1. To satisfy, or content; specifically, to satisfy (another person) for service rendered …
22To pay out — Pay Pay, v. t. [imp. & p. p. {Paid}; p. pr. & vb. n. {Paying}.] [OE. paien, F. payer, fr. L. pacare to pacify, appease, fr. pax, pacis, peace. See {Peace}.] 1. To satisfy, or content; specifically, to satisfy (another person) for service rendered …
23To pay the piper — Pay Pay, v. t. [imp. & p. p. {Paid}; p. pr. & vb. n. {Paying}.] [OE. paien, F. payer, fr. L. pacare to pacify, appease, fr. pax, pacis, peace. See {Peace}.] 1. To satisfy, or content; specifically, to satisfy (another person) for service rendered …
24pay — I. v. a. 1. Discharge, settle, liquidate, defray. 2. Compensate, recompense, requite, remunerate, reward, make payment to, satisfy, discharge one s obligation to, indemnify. 3. Punish, take revenge upon, retort upon. 4. Give, render, offer. 5.… …
25bankruptcy — /bangk rupt see, reuhp see/, n., pl. bankruptcies. 1. the state of being or becoming bankrupt. 2. utter ruin, failure, depletion, or the like. [1690 1700; BANKRUPT + CY] * * * Status of a debtor who has been declared by judicial process to be… …
26SURETYSHIP — (Heb. עַרְבוּת), one person s undertaking to fulfill the obligation of another toward a third person (called the arev, ḥayyav, and nosheh, respectively). In Jewish law fulfillment of an obligation is secured primarily through the assets of the… …
27release — re·lease 1 vt re·leased, re·leas·ing 1 a: to relieve or free from obligation, liability, or responsibility the debtor is released from all dischargeable debts b: to give up (a claim, title, or right) to the benefit of another person: surrender …
28satisfaction — sat·is·fac·tion n 1 a: the act or fact of satisfying b: execution of an accord by performance of the substituted obligation often used in the phrase accord and satisfaction compare accord 3, transaction 3 c …
29payment — The fulfilment of a promise, or the performance of an agreement. A discharge of an obligation or debt, and part payment, if accepted, is a discharge pro tanto. In a more restricted legal sense payment is the performance of a duty, promise, or… …
30exemption — ex·emp·tion /ig zemp shən/ n 1: the act of exempting or state of being exempt 2: one that exempts or is exempted: as a: an amount of income exempted from taxation that may be deducted from adjusted gross income under the tax laws see also… …
