Simple English definitions for legal terms
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Creditrix: A word used in old laws to describe a woman who lends money to someone else. It comes from a Latin word that means "to lend or entrust."
Definition: Creditrix (kred-uh-triks) is a legal term that refers to a female creditor. The word comes from the Latin word "credere," which means "to lend" or "to entrust."
Example: In ancient Rome, a creditrix could lend money to someone in exchange for a promise to pay it back with interest. For example, if a woman wanted to start a business, she might borrow money from a creditrix to get started.
Explanation: The example illustrates how a creditrix could provide financial support to someone who needed it. In ancient times, women were not allowed to own property or conduct business without a male guardian. However, a creditrix could lend money to a woman to help her start a business or invest in property. This allowed women to have more control over their financial futures.