Pago de liberación

21:21 Feb 4, 2020
Spanish to English translations [PRO]
Bus/Financial - Finance (general)
Spanish term or phrase: Pago de liberación
In a beneficiary audit engagement. The letter states X person is entitled to a sum of money, "con un pago de liberación" for a smaller amount of money. I am guessing this is a lien on the claim that is being paid out?
Andre Borges
United States
Local time: 16:39

Summary of answers provided
3 +1settlement payment in accord and satisfaction
Adrian MM.



1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
settlement payment in accord and satisfaction

compare un pago liberatorio : a settement payment (West); a payment that extinguishes the > obligation (Butterworths) > the debt; full and final settlement (Alcaraz & Hughes).

Acceptance of a lower amount suggests an accord and satisfaction.

Example sentence(s):
  • IATE: efecto liberatorio de un pago en effects of discharge of a payment
  • Accord and satisfaction is a contract law concept about the purchase of the release from a debt obligation. The release is completed by the transfer of valuable consideration that must not be the actual performance of the obligation itself.

Adrian MM.
United Kingdom
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 36

Peer comments on this answer (and responses from the answerer)
agree  AllegroTrans: right idea not sure if so many words are needed- "payment in full satisfaction" would do the trick
2 days 25 mins
  -> Thanks. I wanted to keep the options open, so either a settlement payment or an accord & satisfaction.
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