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Simple English definitions for legal terms

damnum et interesse

Read a random definition: continuation-in-whole application

A quick definition of damnum et interesse:

Term: DAMNUM ET INTERESSE

Definition: Damnum et interesse is a Latin term used in Scots law to refer to the loss and damage sustained. It means the actual and consequential damage suffered through non-performance on the part of the debtor. For example, if someone becomes a guarantor for a specific act and the act is not performed, the guarantor is liable to the creditors for the loss and interest or damage and its issues or consequences.

A more thorough explanation:

Definition: Damnum et interesse (dam-nəm et in-tər-es-ee) is a Latin term used in Scots law to refer to the loss and damage sustained. It can also be translated as damage and its issues or consequences.

Example: If a person becomes a cautioner and guarantees that a specific act will be performed, but the act is not performed, the cautioner is liable to the creditors for the damnum et interesse. This means that the cautioner is responsible for the actual and consequential damage suffered by the creditors due to the non-performance of the act by the debtor.

This example illustrates how the term damnum et interesse is used in Scots law to refer to the loss and damage suffered by a party due to the non-performance of an obligation by another party.

damnum emergens | damnum facientes

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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