constitutum

constitutum (kon-sti-t[y]oo-t[schwa]m), n. [Latin “agreed arrangement”] Roman law.

1. An agreement to pay an existing debt, either one’s own or another’s, on a fixed day. • A constitutum was not a novation; the creditor could still sue the original debtor. It differed from a stipulation because it had to be for an existing debt. If the promise was to pay one’s own debt, it was called constitutum debiti proprii. If it was to pay another’s debt, then it was constitutum debiti alieni.

2. The fixing of a day for the repayment of money owed.

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词条贡献者

译者Jeffrey，毕业于国内一流的高级翻译学院，擅长翻译各种与首次公开发行/其他股权或债务发行相关的法律文件。