51³Ô¹Ï

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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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51³Ô¹Ï 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, giveâ€) + -ion
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Example Sentences

Examples have not been reviewed.

The corv�e royale of repairing the roads, however, abolished in 1789, was revived, under the name of prestation, under the Consulate, by the law of 4 Thermidor an X., modified by subsequent legislation in 1824, 1836 and 1871.

From

Pinkerton had received from this monarch a cabinet appointment; I have seen the brevet, wondering mainly at the good-nature of the printer who had executed the forms, and I think my friend was at the head either of foreign affairs or education: it mattered, indeed, nothing, the prestation being in all offices identical.

From

That the corvée, in itself, cannot have been the absolutely intolerable thing it is commonly supposed to have been may be inferred, I think, from the fact that, under the name of prestation en nature, it still exists in many parts of the French Republic.

From

In short, individuality of being destroys the hypothesis of communism, but it does not for that reason give birth to domain,—that domain by virtue of which the holder of a thing exercises over the person who takes his place a right of prestation and suzerainty, that has always been identified with property itself.

From

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When To Use

What is a prestation?

A prestation is a payment made using money or services, as in Our contract with the client is not complete until we receive our prestation.Prestation is an uncommon legal term that encompasses all forms of payment that were agreed upon or stated in a contract. While a prestation is normally a payment in the form of currency, it can also be the performance of a service.A prestation can also be a duty to do something or not do something as part of a larger obligation, as in As a scientific researcher for my employer, I have a prestation not to reveal my research to other companies.Example: The defendant has neglected to pay the contractually designated prestation.

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