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The Collaborative International Dictionary
Quittance

Quittance \Quit"tance\ (kw[i^]t"tans), n. [OE. quitaunce, OF. quitance, F. quittance. See Quit, v. t.]

  1. Discharge from a debt or an obligation; acquittance.

    Omittance is no quittance.
    --Shak.

  2. Recompense; return; repayment. [Obs.]
    --Shak.

Quittance

Quittance \Quit"tance\, v. t. To repay; to requite. [Obs.]
--Shak.

Douglas Harper's Etymology Dictionary
quittance

c.1200, "payment, compensation;" c.1300, "discharge from an obligation," from Old French quitance (Modern French quittance), from quiter (see quit (v.)).\n

Wiktionary
quittance

n. 1 a release or acquittal 2 a discharge from a debt or obligation; a document that shows this discharge 3 (context obsolete English) recompense; return; repayment

WordNet
quittance
  1. n. a document or receipt certifying release from an obligation or debt

  2. payment of a debt or obligation [syn: repayment]

Usage examples of "quittance".

The quittances which the Mayor of Meudon had exacted from him before he would issue the necessary safe-conducts placed the whole of his future, perhaps his very life, in jeopardy.

I think a certain sancta simplicitas is in order here - a placid handing-over of this enormous fortune without any question of quittance or formal acknowledgement.