/mɛməˈrændəm ʌv sætɪsˈfækʃən/ – Phrase
Definition: Tài liệu xác nhận thanh toán hoặc giải quyết một vấn đề pháp lý.
A more throughout explanation: an official document written by a lender saying that a mortgage (=a type of loan on a house, land, property or other large asset) or other charge has now been fully paid off
Example: If no cause is shown, the Registrar shall order that a memorandum of satisfaction shall be entered in the register of charges.