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prestation

[ pre-stey-shuhn ]

noun

, Law.
  1. a payment in money or in services.
  2. 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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Word History and Origins

Origin of prestation1

From Middle English, from Middle French, from Late Latin praestation-, stem of praestatio “payment,” from Latin: “warranty,” from praestatus (past participle of praestare “to perform, pay, give”) + -ion

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Example Sentences

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

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prestPrester John