CONCURSUS DEBITI ET CREDITI

concursus debiti et crediti (k[schwa]n-k[schwa]r-s[schwa]s deb-i-tI et cred-i-tI). [Law Latin] Scots law. A running together of debt and credit. • The phrase appears in reference to requirements for supporting a plea of compensation. “Concursus debiti et crediti …. This is necessary to found a plea of compensation, for the parties must be debtor and creditor, […]