cessio bonorum

cessio bonorum (sesh-ee-oh b[schwa]-nor-[schwa]m). [Latin “cession of goods”] Roman law. An as-signment of a debtor’s property to creditors. [Cases: Debtor and Creditor 1, 12. C.J.S. Assignments for Benefit of Creditors §§ 2, 4, 27; Creditor and Debtor §§ 2–3, 106–109.]

“It was the Roman equivalent of modern bankruptcy…. [O]ne who thus made cessio bonorum would not become infamis, was never liable in future beyond his means, for the old debts, and was not liable to personal seizure thereafter in respect of them.” W.W. Buckland, A Manual of Roman Private Law 388 (2d ed. 1939).

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词条贡献者

译者Lisa，毕业于美国顶尖的高级翻译学院，擅长翻译涉及体育及娱乐业领域的法律文件。