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Cambium

Black's Law Dictionary · Henry Campbell Black, M.A. · 1910

Black's Law Dictionary

In the civil law. Change or exchange. A term applied indifferently to the exchange of land, money or debts. Cambium reale or manuale 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 agrees in consideration of a sum of money pnid him in one place, to pay a like sum in another place. Poth. de Change, n.

12; Story, Bills, § 2, et seq.