DAMNOSA HEREDITAS

damnosa hereditas (dam-noh-s[schwa] h[schwa]-red-i-tas), n. [Latin “an injurious inheritance”] 1. Roman & civil law. An inheritance more onerous than beneficial, esp. because it is burdened with debt. 2. English law. A bankrupt debtor’s property that creditors will disclaim under the bankruptcy laws because debt on the property will exceed revenues. 3. Generally, anything that is […]