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Simple English definitions for legal terms

aestimatio

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A quick definition of aestimatio:

Term: AESTIMATIO

Definition: Aestimatio is a legal agreement in ancient Rome where the owner of goods would give them to someone else to sell for the highest price possible. The seller would pay the owner an agreed price for the goods sold and return the rest.

A more thorough explanation:

aestimatio (es-tə-may-shee-oh) is a Latin term used in Roman law. It refers to an agreement between two parties where the owner of goods hands them over to another person with the understanding that the other person will sell the goods for the highest possible price. The owner of the goods will receive an agreed-upon price for whatever goods are sold, and the remaining goods will be returned to the owner. The plural form of aestimatio is aestimationes (es-tə-may-shee-oh-neez).

An example of aestimatio would be if a farmer gave their crops to a merchant to sell at the market. The merchant would then sell the crops for the highest possible price and return any unsold crops to the farmer. The farmer would receive an agreed-upon price for the crops that were sold.

Another example would be if a person gave their antique furniture to a consignment shop to sell. The consignment shop would sell the furniture for the highest possible price and return any unsold furniture to the owner. The owner would receive an agreed-upon price for the furniture that was sold.

These examples illustrate the concept of aestimatio because they show how one person entrusts their goods to another person to sell for the highest possible price. The owner of the goods receives an agreed-upon price for the goods that are sold, and the remaining goods are returned to the owner.

aesthetic zoning | aetas

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JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
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