Samuel Johnson: Acceptilation

Posted by admin on Thursday, August 31, 2023

Meaning of Samuel Johnson Money Quote: saying a term of finance in civil law regarding money that has not been paid. Samuel Johnson said:

 

 

“ACCEPTILATION n.s. A term of the civil law,importing the remission of a debt by an acquittance from the creditor, testifying the receipt of money which has never been paid” — Samuel Johnson

 

In this quote, Samuel Johnson is providing the definition for the legal term “acceptilation”. He explains that acceptilation refers to a situation in civil law where a creditor officially acknowledges, through an acquittance or receipt, that a debt has been paid even though the money was never actually received.

Essentially, it means the creditor is falsely claiming payment was made in order to legally discharge the debt when in reality it remains unpaid. The quote suggests acceptilation allowed creditors to remit or cancel debts on paper through deception rather than genuine settlement or repayment of what was owed.

Birthday: September 18, 1709 – Death: December 13, 1784

Categories: debt Tagged:creditordebtreceiptsamuel johnson