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Simple English definitions for legal terms
concessit solvere
Read a random definition: bona fide holder for value
A quick definition of concessit solvere:
Concessit solvere is a Latin term that means "he agreed to pay". It was used in legal cases where someone owed money to another person. The person who was owed money would make a claim that the other person had agreed to pay them, but had not done so. The other person could respond by saying they were never indebted. In legal cases, a count is a statement of a claim. There are different types of counts, including common counts, general counts, and special counts. Counts are used to state a claim in a legal case.
A more thorough explanation:
Definition: Concessit solvere is a Latin term that means "he agreed to pay." It is a form of debt action on a simple contract. In this action, the plaintiff alleges that the defendant had agreed to pay the sum sued for but had not done so. The defendant responds with a plea of nunquam indebitatus ("never indebted").
Example: If John borrowed $500 from Jane and agreed to pay it back in a month, but failed to do so, Jane can file a lawsuit against John using the action of concessit solvere. She can allege that John had agreed to pay the sum but had not done so, and demand that he pay her the $500.
Explanation: The example illustrates how the action of concessit solvere can be used to recover a debt that the defendant had agreed to pay but had not fulfilled. The plaintiff can use this action to seek a judgment against the defendant and enforce the payment of the debt.