annus utilis

annus utilis (an-[schwa]s yoo-t[schwa]-lis). [Latin “a year that can be used”] Roman law. A 365-day period during which legal rights could be exercised, not including days when the courts were closed or when a person could not otherwise pursue those rights; a year made up of the available days for conducting legal business. Cf. ANNUS CONTINUUS.
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译者张文,国际知名商学院金融专业,擅长翻译各种与结构性融资及衍生品诉讼相关的法律文件。
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