Quittance (Noun)
Meaning 1
Payment of a debt or obligation.
Classification
Nouns denoting possession and transfer of possession.
Synonyms
Hypernyms
Hyponyms
Meaning 2
A document or receipt certifying release from an obligation or debt.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The lender issued a quittance to the borrower once the loan was fully repaid, indicating that the debt had been satisfied.
- The tenant received a quittance from the landlord at the end of the lease, confirming that all rent had been paid.
- The bankruptcy court issued a quittance to the individual, releasing them from their outstanding debts.
- The store provided a quittance to the customer after they returned a defective product, confirming that the purchase price had been refunded.
- The company issued a quittance to the contractor upon completion of the project, indicating that all obligations under the contract had been fulfilled.