Law Dictionary Definitions

satisfaction piece.A written statement that one party (esp. a debtor) has discharged its obligation to another party, who accepts the discharge. — Also termed certificate of discharge; satisfaction. [Cases: Mortgages 309. C.J.S. Mortgages §§ 451, 465–466, 477–478.] [Blacks Law 8th]

satisfaction of mortgage. 1. The complete payment of a mortgage. 2. A discharge signed by the mortgagee or mortgage holder indicating that the property subject to the mortgage is released or that the mortgage debt has been paid and the mortgage conditions have been fully satisfied. [Cases: Mortgages 309–315. C.J.S. Mortgages §§ 451, 465–466, 468,…

satisfaction of lien. 1. The fulfillment of all obligations made the subject of a lien. 2. The document signed by the lienholder releasing the property subject to a lien. [Blacks Law 8th]

satisfaction of judgment. 1. The complete discharge of obligations under a judgment. [Cases: Federal Civil Procedure 2398; Judgment 874–899. C.J.S. Judgments §§ 656–676, 678–692.] 2. The document filed and entered on the record indicating that a judgment has been paid. [Cases: Federal Civil Procedure 2398; Judgment 897. C.J.S. Judgments § 686.] “Generally, a satisfaction of…

satisfaction of debt.See SATISFACTION(1). [Blacks Law 8th]

satisfaction contract.See CONTRACT. [Blacks Law 8th]

satisfaction,n.1. The giving of something with the intention, express or implied, that it is to extinguish some existing legal or moral obligation. • Satisfaction differs from performance because it is always something given as a substitute for or equivalent of something else, while performance is the identical thing promised to be done. — Also termed…

satisdatio (sat-is-day-shee-oh), n.[Latin fr. satisdare] Roman law. Security given by a person, such as a debtor, through a surety. Pl. satisdationes (sat-is-day-shee-oh-neez). [Blacks Law 8th]

satisdare (sat-is-dair-ee), vb.[Latin fr. satis “sufficient” + dare “to give”] Roman law. To give security in the form of satisdatio. See SATISDATIO. [Blacks Law 8th]

satellite state.See client state under STATE. [Blacks Law 8th]