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Cambium

A Dictionary of Law · Henry Campbell Black · 1891

A Dictionary of Law

In the civil law. Change or exchange, A term applied indifferently to the exchange of land, money, or debts. Cambium reale or munvate was the term generally used to denote the technical common-law exchange of lands; cambium locale, mercantile, or trajectitium, was used to designate the modern mercantile contract of exchange, whereby a man aprees, in consideration of a sum of money paid him in one place, to pay a like sum in another place.

Poth. de Change, n.12; Story, Bills, § 2, et seq.