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LSDefine
Simple English definitions for legal terms
aes suum
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A quick definition of aes suum:
AES SUUM: In ancient Rome, when someone borrowed money, they would use the term "aes suum" to refer to the money they borrowed. It simply means "one's own money".
A more thorough explanation:
AES SUUM
AES SUUM is a Latin term that means "one's own money". In Roman law, it refers to money that is lent to a borrower.
For example, if you lend your friend $100, that $100 is your AES SUUM. Your friend is expected to pay you back the $100 plus any agreed-upon interest.
Another example is when a bank lends money to a customer. The money that the bank lends is the bank's AES SUUM, and the customer is expected to pay back the loan with interest.
AES SUUM is a legal term that refers to money that is lent to someone. It is important to understand this term because it is used in legal and financial contexts. By understanding what AES SUUM means, you can better understand the terms of a loan or other financial agreement.