Emptio honorum
Black's Law Dictionary · Henry Campbell Black, M.A. · 1910
Black's Law Dictionary
A species of forced assignment for the benefit of creditors; being a public sale of an insolvent debtor's estate whereby the purchaser succeeded to all his property, rights, and claims, and became responsible for his debts and liabilities to the extent of a quota fixed bsfore the transfer.
See Mackeld.
Rom. Law, § 521.