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Compound

Black's Law Dictionary · Henry Campbell Black, M.A. · 1910

Black's Law Dictionary

v. To compromise; to effect a composition with a creditor; to obtain discharge from a debt by the payment of a smaller sum.

Bank v. Malheur County, 30 Or. 420, 45 Pac. 781, 35 In R. A. 141; Haskins v. Newcomb, 2 Johns. (N. Y.) 405; Pennell v. Rhodes, 9 Q. B. 114.