Legal Definitions - annus

The term annus refers to a year.

In legal contexts, "annus" is used to denote a period of twelve months, similar to how "year" is used in everyday language, often appearing in older legal texts or Latin phrases.

• Example 1: Contractual Duration

  A commercial lease agreement might specify an initial term of one annus, after which it automatically renews on a month-to-month basis unless otherwise terminated.

  Explanation: Here, "annus" clearly defines the initial duration of the lease as a single year, establishing the timeframe for the contractual obligations.

• Example 2: Statutory Reporting Period

  Under certain corporate governance laws, a company is required to submit its annual financial report within a specified period following the conclusion of its fiscal annus.

  Explanation: This illustrates "annus" as the standard twelve-month accounting period for which financial statements must be prepared and reported, a common requirement in business law.

• Example 3: Professional Qualification Requirement

  To be eligible for a particular professional certification, an applicant might need to demonstrate at least one full annus of supervised practical experience in their field.

  Explanation: In this scenario, "annus" signifies the mandatory twelve-month period of hands-on work experience that must be completed to meet the legal or regulatory requirements for the certification.