Middle English quitancefrom Old French fromquiterto freequit
contains a more developed form of the myth of Nero redivivus in which a panegyric on him (137-141) has been brought up to date by some Jew or Christian, and eulogies of Hadrian and his successors (48-51) side by side with the legend of the miserable death of Titus in quittance of his destruction of Jerusalem (411-413) which probably represents the hope of the zealots who survived it.
He also took the very mean step of declaring that he should call him to account for all the moneys that had passed~ through his hands when he was chancellor, though Becket had been given a quittance for them when he resigned the office more than two years before.
In1226-1227when it belonged to Hugh Despenser he obtained various privileges for himself and his men and tenants there, among which were quittance from suits at the county and hundred courts, of sheriffs' aids and of view of frankpledge, and also a market every Thursday and a fair on the vigil, day and morrow of St Peter ad vincula.
In 1885, after interest had been unpaid for i i years on bonds amounting to £1,505,400, an agreement was made for the issue of new scrip to the value of £850,000 in quittance of all claims for capital and arrears of interest, certain public lands being also ceded to the bondholders as compensation.