Legal Definition of Satisfaction: (a) The payment of a debt; the fulfillment of an obligation, such as the payment of a mortgage or, the completion of one’s obligations under a contract. (b) The act of satisfying | Looking for a clear understanding of the legal definition of satisfaction? Learn how satisfaction relates to payment of debts and fulfillment of obligations in various legal contexts. Find out why achieving satisfaction is crucial for businesses and how it can enhance credibility and avoid legal complications. Read more now