- An acknowledgment by one alleged to be indebted to another which signifies his willingness to admit liability if the creditor will comply with conditions imposed upon him in the acknowledgment by the debtor, or if a certain condition which does not then exist thereafter comes into existence. Stone v Smoot, 191 Okla 512, 131 P2d 85, 143 ALR 1426.
Ballentine's law dictionary. Anderson, W.S.. 1998.
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