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Emptio Bonorum

The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

The Cyclopedic Law Dictionary

In the Roman law. The assignment of the estate and effects of an insolvent debtor, whether during his life or after his death, to a trustee for his creditors. Justinian deprived it of all its cumbrous formalities, but retained its effect, which is simply or very nearly that of an assignment upon bankruptcy in English law. EMPTIO ET VENDITIO (Lat. buying and selling). In Roman law. The contract of sale. Sometimes it was compounded, — emptio-venditio, EMPTOR (Lat.) Buyer. EMPTOR EMIT QUAM MINIMO Potest, venditor vendit quam maximo potest. The buyer buys for as little as possible; the vendor sells for as much as possible.

2 Johns. Ch. (N. Y.) 252, 256, 486.

EN AUTRE DROIT (Fr.) In the right of another.