“[T]he term is frequently used in contradistinction to a mere spes, or defeasible expectancy. This jus crediti is often of great importance; for although a person may not be entitled to be put in immediate possession of a subject, yet the obligation to deliver it to him at some future time creates in him a vested right, which forms part of his estate.” William Bell, Bell’s Dictionary and Digest of the Law of Scotland 620 (George Watson ed., 7th ed. 1890).
jus crediti
jus crediti (j[schwa]s kred-i-tI). [Latin “the right of credit”] Roman & Scots law. A creditor’s right to a debt; a creditor’s right to recover a debt through legal process. Cf. JUS EXIGENDI.
