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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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19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
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