What is the meaning of Acquittance?

A writing which is evidence of a discharge; a receipt in full, which bars a further demand.

Payment of debt; settlement.

The release from a debt, or from some obligation or duty; exemption.

The dismissal of a legal charge against someone; acquittal.

The acquittal of one's duties; the carrying out of fulfilment of a job or role.

To acquit.

Source: wiktionary.org