acknowledgment of debt
Any remark by a debtor to the creditor, by which the former clearly admits the debt and expressly or by clear implication shows an intention to pay it. 34 Am J1st Lim Ac § 297.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

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  • acknowledgment — To acknowledge is to admit, affirm, declare, testify, avow, confess, or own as genuine. Favello v. Bank of America Nat. Trust & Savings Ass n, 24 Cal.App.2d 342, 74 P.2d 1057, 1058. Admission or affirmation of obligation or responsibility.… …   Black's law dictionary

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