Latin. n. Formal release from an obligation. A mode, under the civil law, of extinguishing a verbal obligation. It consisted in the creditor declaring, in the prescribed form of words, that he had received from his debtor that which was due, when in reality he had received nothing. It was the form adopted by a creditor who wished gratuitously to release the debtor from his obligation. The same name is given to a gratuitous discharge in our law. See Stipulatio.
It is a mode of releasing a person from an obligation without payment, called an imaginary payment. But only verbal contracts could thus be dissolved, the form being verbal by question and answer.