Stipulated Damage

Liquidated damage. See "Damages." STIPULATip (Lat.)

In Roman law. A contract made in the following manner, viz.: The person to whom the promise was to be made proposed a question to him from whom it was to proceed, fully expressing the nature and extent of the engagement, and, the question so proposed being answered in the affirmative, the obligation was complete. It was essentially necessary that both parties should speak (so that a dumb man could not enter into a stipulation), that the person making the promise should answer conformably to the specific question proposed, without any material interval of time, and with the intention of contracting an obligation. No consideration was required. STIPULATIO AQUILIANA (Lat.) In Roman law, a particular application of the stipulatio, which was used to collect together into one verbal contract all the liabilities of every kind and quality of the debtor, with a view to their being released or discharged by an acceptilatio, that mode of discharge being applicable only to the verbal contract. Brown.

See Liquidated Damage. STIPULATI0 (Lat.). In Roman Law. A contract made in the following maimer: the person to whom the promise was to be made proposed a question to him from whom it was to proceed, fully expressing the nature and extent of the engagement; and, the question so proposed being answered in the atfirmative, the obligation was complete. No consideration was required. • STIPULATIO AQU I LIANA. In Civil Law. A particular application of the stipitlatio, which was used to collect together into one verbal contract all the liabilities of every kind and quality of the debtor, with a view to their being released or discharged by an acceptilatio, that mode of discharge being applicable only to the verbal contract.