part payment
Defined in 2 dictionaries — Case Law, Black's (1910)
Definitions from Case Law
From 80 U.S. 254 - United States v. Wilder · 1871Most cited · 50 citing opinions
The principle on which part payment takes a case out of the statute is, that the party paying intended by it to acknowledge and admit the greater debt to be due.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
The reduction of any debt or demand by the payment of a sum less than the whole amount originally due. Young v. Perkins, 29 Minn. 173, 12 N. W. 515 ; Moffitt v. Carr, 48 Neb. 403, 67 N. W. 150, 58 Am. St. Rep. 696.
Defined under Payment in Black's Law Dictionary.