Hello, you have come here looking for the meaning of the word
counter-payment. In DICTIOUS you will not only get to know all the dictionary meanings for the word
counter-payment, but we will also tell you about its etymology, its characteristics and you will know how to say
counter-payment in singular and plural. Everything you need to know about the word
counter-payment you have here. The definition of the word
counter-payment will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
counter-payment, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Noun
counter-payment (plural counter-payments)
- Alternative form of counterpayment
1985, George J. Klima, The Barabaig: East African Cattle-herders, page 30:He has a legal claim over the calf, which is a counter-payment for the bull the other owner slaughtered.
2000, Andrew Burrows, Understanding the Law of Obligations, →ISBN:Similarly if a bank has paid £100,000 up front to a local authority under a void interest rate swap transaction can it possibly make sense to allow restitution to the bank where the local authority has made no counter-payment but to deny restitutions to the bank where the local authority has made one counter-payment of £10 so that the consideration for the payment has not totally failed?
2013, Adam Kuper, The Social Anthropology of Radcliffe-Brown, →ISBN, page 240:The rule in many African societies is that if there is a divorce the marriage payment and the counter-payment must be returned.