As a term in the Manusmriti, it refers to the settlement of a debt.

Such a settlement of a debt of honor is beyond all save admiration."

The company began in 1861 when David Swisher received a small cigar business in settlement of a debt.

He took his family to New York, and transferred the property to Thomas Paschall in settlement of a debt.

Later in the century, the new Pennsylvania colony was given to William Penn in settlement of a debt the king owed his father.

Gidwitz's father had acquired the troubled beauty products company in settlement of a debt National Minerals owed the Gidwitz box company.

By this time he was engaged to marry his childhood friend, Mary Hutchinson, a marriage made possible only by the settlement of a debt owed the Wordsworth family.

The quarter also included a $1,666,000 loss from the pending legal settlement of a debt previously contracted and a $731,000 loss on the liquidation of securities of an unrelated troubled financial institution.

In 1737, he obtained a small printing-press which was in settlement of a debt, and used it to publish the town's first newspaper at the sign of 'The Peacock' in Bridge Street.

Part of the New York colony between the Hudson River and the Delaware River was then given by James to Sir George Carteret in exchange for settlement of a debt.

They have a similar legal standing to cheques or debit cards, in that their acceptability as a means of payment is essentially a matter for agreement between the parties involved, although Scots law requires any reasonable offer for settlement of a debt to be accepted.

This is done by making a "balance transfer", which is usually taken to mean a payment made by the credit card issuer to a third-party on behalf of a borrower in settlement of a debt (the balance to be transferred) that the borrower has with that third party.