correality

correality (kor-ee-al-[schwa]-tee), n. The quality or state of being correal; the relationship between parties to an obligation that terminates when an entire payment is made by one of two or more debtors to a creditor, or a payment is made by a debtor to one of two or more creditors.

“But there were circumstances, apart from indivisibility, in which each of the parties might be liable in full…. Several were liable or entitled, each in solidum, under an obligation, but the thing was due only once. Satisfaction by, or to, one of those liable, or entitled, ended the whole obligation, and action by one of the joint creditors, or against one of the debtors, not only ‘novated’ the obligation between the actual parties, but destroyed it altogether as against the others. This relation is commonly called correality (correi debendi vel credendi).” W.W. Buckland, A Manual of Roman Private Law 349–50 (2d ed. 1939).


专业法律词汇 词条贡献者
译者Gary,毕业于国内一流的翻译学院,擅长翻译各种与合规与风控相关的法律文件。
Scroll to Top