Pronunciation: [kwˈɪtəns] (IPA) 
The word "quittance" is spelled with a "qu" which is pronounced as /kw/, followed by "it" which is pronounced as /ɪt/, and then "tance" which is pronounced as /təns/. The IPA phonetic transcription for "quittance" is /ˈkwɪtəns/. This word refers to a written or formal release from an obligation, debt, or liability. Despite its uncommon use in everyday language, it is important to understand its spelling and pronunciation.
Quittance is a noun that refers to a formal release from a debt or obligation. It depicts the act of discharging a financial or moral obligation through payment or fulfillment. It is commonly used in legal, financial, and business contexts.
In legal terms, quittance signifies the settlement of a claim, typically involving the repayment of a debt or the fulfillment of contractual obligations. It is an official and binding document that certifies the discharge of a legal liability. Quittance usually involves a written acknowledgement provided by the creditor to the debtor, signifying that the agreed-upon amount has been paid or the obligation has been met.
Financially, quittance can refer to the act of repaying a loan or fulfilling a financial agreement, such as paying off a mortgage or finalizing a lease. It can also pertain to the receipt or document that confirms the clearance of such debts, providing evidence that all financial obligations have been fully settled.
Beyond the legal and financial sphere, quittance can also encompass the idea of satisfaction or recompense in general. It can denote the act of being settled or compensated for an injury, grievance, or harm inflicted. In this broader sense, quittance suggests the action of resolving a matter or seeking closure by obtaining compensation or redress.
Overall, quittance signifies the act of fulfilling, settling, or releasing an obligation, whether it is legal, financial, or moral, as well as the associated documentation or confirmation that such obligations have been adequately discharged.
• See Quit.
• Discharge from a debt or obligation.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
The word "quittance" originated from Middle English, deriving from the Old French term "quittance". In turn, the Old French word derived from the Latin term "quietantia", which is the noun form of the verb "quiēscere" meaning "to rest" or "to be quiet". The root of the Latin term is "quiēs", meaning "rest" or "quiet".
