Satisfaction

The act of satisfying a party by paying what is due to him, (as on a mortgage, lien or contract,) or what is awarded to him, by the judgment of a court or otherwise. Thus, a judgment is satisfied by the payment of the amount due to the party who has recovered such judgment or by his levying the amount. See Miller v. Beck, 108 Iowa, 575, 79 N. W. 344; Rivers v. Blom, 163 Mo. 442, 63 S. W. 812 ; Mazyck v. Coil, 3 Rich. Law (S. C.) 236; Green v. Green, 49 Ind. 423; Bryant v. Fairfield, 51 Me, 152; Armour Bros. Banking Co. v. Addington, 1 Ind. T. 304, 37 S. W. 100.

In practice. An entry made on the record, by which a party in whose favor a judgment was rendered declares that he has bcen satisfied and paid.

In equity. The doctrine of satisfaction in equity is somewhat analogous to performance in equity, but differs from it in this respect; that satisfaction is always something given either in whole or in part as a substitute or equivalent for something else, and not (as in performance) something that may be construed as the identical thing covenanted to be done. Brown.

— Satisfaction piece. In practice. A memorandum in writing, entitled in a cause, staling that satisfaction is acknowledged between the parties, plaintiff and defendant. Upon this being duly acknowledged and filed in the office where the record of the judgment is, the judgment becomes satisfied, and the defendant discharged from it 1 Archb. Pr. 722. Satisfaction shonid he made to that fnnd which has sustained the loss. 4 Bouv. Inst, no 3731.