Dictionary.net

In Louisiana law. A phrase (translating the Fr. "dation enpagement") which signifies the delivery and acceptance of real or personal property insatisfaction of a debt, instead of a payment in money. See Civil Code La. art. 2055.

This term is used in Louisiana; it signifies that a debtor, instead of paying a debt he owes in money, satisfies his creditor by giving in payment a movable or immovable. Vide Dation en paiement.