Satisfaction Of Judgment Legal Meaning and Definition

Here is a simplified definition of the legal term Satisfaction Of Judgment.

Satisfaction of Judgment (noun):

A legal term that refers to the formal recorded acknowledgement by a person or entity (usually the one receiving money or property) that a debt, often imposed by a court judgment, has been paid or fulfilled in full. This is typically provided in a written document and is used to officially resolve and close a legal case.