beneficium competentiae

beneficium competentiae (ben-[schwa]-fish-ee-[schwa]m kom-p[schwa]-ten-shi-ee). [Latin “privilege of competency”] Roman & Scots law. A debtor’s right to be ordered to pay only as much as the debtor reasonably could, so that after assigning his or her estate to creditors, the debtor kept enough to live on. See assignment for the benefit of creditors under ASSIGNMENT; SALVO BENEFICIO COMPETENTIAE.

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词条贡献者

法律翻译舒婷，知名法学院保险学专业，专注翻译各类与保险与再保险诉讼有关的法律文件。