American Dictionary of the English Language

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EXPLANA'TION, noun [Latin explanatio.] The act of explaining, expounding or interpreting; exposition; illustration; interpretation; the act of clearing from obscurity and making intelligible; as the explanation of a passage in scripture, or of a contract or treaty.

1. The sense given by an expounder or interpreter.

2. A mutual exposition of terms, meaning or motives, with a view to adjust a misunderstanding and reconcile differences. Hence, reconciliation, agreement or good understanding of parties who have been at variance. The parties have come to an explanation