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Debitum

Glossary of Technical Terms, Phrases, and Maxims of the Common Law · Frederic Jesup Stimson · 1881

Glossary of Technical Terms, Phrases, and Maxims of the Common Law

/. Debt; a thing due or proper. Debitum et contractus sunt nu Uius loci: debt and contract are of no place [they may be enforced in any jurisdiction]. Debitum in praesenti, solvendum in future (owed now, to be paid in future): a debt or obligation, complete when contracted, to be performed subsequently.