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quietus (n.)

"release or discharge from debt, a final clearing of accounts," 1530s, short for Medieval Latin phrase quietus est "he is quit," from quietus "free" (in Medieval Latin "free from war, debts, etc."), also "calm, resting" (from PIE root *kweie- "to rest, be quiet"). The full Latin phrase was used in English from early 15c. Hence, "death" (i.e. "final discharge"), c. 1600. Latin quies also was used for "the peace of death."

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Definitions of quietus from WordNet

quietus (n.)
euphemisms for death (based on an analogy between lying in a bed and in a tomb);
Synonyms: rest / eternal rest / sleep / eternal sleep
From wordnet.princeton.edu