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Simple English definitions for legal terms
causa debendi
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A quick definition of causa debendi:
Term: CAUSA DEBENDI
Definition: Causa debendi is a Latin term that refers to the reason or grounds for a debt. It explains why someone owes money to another person or entity. For example, if you borrow money from a friend, the causa debendi would be the reason why you borrowed the money in the first place, such as to pay for a car repair or to cover rent. Understanding the causa debendi is important in legal and financial matters, as it helps to determine the validity and enforceability of a debt.
A more thorough explanation:
Definition: Causa debendi is a Latin term that refers to the grounds of debt.
Example: If a person borrows money from a bank, the causa debendi is the agreement between the borrower and the bank that the borrower will repay the loan with interest.
The example illustrates that causa debendi is the reason or grounds for a debt. In this case, the reason for the debt is the agreement between the borrower and the bank to repay the loan with interest.
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