prestation

[ pre-stey-shuhn ]
/ 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.

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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
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

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