damnosa hereditas

damnosa hereditas (dam-noh-s[schwa] h[schwa]-red-i-tas), n. [Latin “an injurious inheritance”]

1. Roman & civil law. An inheritance more onerous than beneficial, esp. because it is burdened with debt.

2. English law. A bankrupt debtor’s property that creditors will disclaim under the bankruptcy laws because debt on the property will exceed revenues.

3. Generally, anything that is acquired but turns out to be disadvantageous. — Also spelled damnosa haereditas.


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资深译员Jenny,国内名牌大学法律英语专业,专注翻译各种与重组、破产及重整有关的法律文件。
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