Text of the provision
Art. 1232. Payment means not only the delivery of money but also the performance, in any other manner, of an obligation.
(n)
Civil Code of the Philippines, Republic Act No. 386, approved June 18, 1949, effective August 30, 1950. Reproduced in full; verified verbatim against the LawPhil and ChanRobles official-text renderings.
What this article means
Payment means not only the delivery of money but the performance of the obligation in any manner — giving, doing, or not doing. In law, doing what one promised is "payment."
Related provisions
- Article 1231 — Modes of Extinguishing Obligations.
- Article 1233 — Payment Must Be Complete.
Cases citing this article
- Standard Chartered Bank, Philippine Branch vs. Philippine Investment Two (SPV-AMC) Inc., Philippine Investment One (SPV-AMC), Inc, G.R. No. 216608, April 26, 2023 — read the decision on LawPhil →
- Spouses Juan Chuy Tan and Mary Tan vs. China Banking Corporation, G.R. No. 200299, August 17, 2016 — read the decision on LawPhil →
Compiled automatically from Supreme Court decisions published on LawPhil that expressly cite this article, most frequently cited first. A listing means the decision cites the provision — it is not a statement that the case is the leading authority, and it does not show whether a ruling has since been modified or abandoned. Always read the decision itself.