prestation

[ pre-stey-shuh n ]
/ prɛˈsteɪ ʃən /

noun Law.

a payment in money or in services.
a duty to do or not do something in fulfillment of an obligation, or the performance of such a duty: The contract imposes reciprocal prestations upon the parties.

Origin of prestation

< Middle English < Middle French < Late Latin praestation-, stem of praestatio ‘payment’ < Latin: warranty < praestatus (past participle of praestare ‘to perform, pay, give’) + -ion

Example sentences from the Web for prestation

  • This practice is called "angary" or "prestation," and is by most jurists either condemned or regarded with disfavor.

    International Law |George Grafton Wilson and George Fox Tucker