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Simple English definitions for legal terms

debitum in praesenti solvendum in futuro

Read a random definition: in tempus indebitum

A quick definition of debitum in praesenti solvendum in futuro:

Debitum in praesenti solvendum in futuro: This is a fancy Latin phrase that means you owe someone money right now, but you don't have to pay it back until later. It's like borrowing money from a friend and promising to pay them back next month. The debt is already there, but you don't have to give them the money until the future.

A more thorough explanation:

Definition: Debitum in praesenti solvendum in futuro is a Latin term that refers to a present debt or obligation that is to be paid at a future time. It is a debt or obligation that is complete when contracted, but the performance cannot be required until some future period.

One example of debitum in praesenti solvendum in futuro is a loan agreement. When a person takes out a loan, they are contracting a debt that is complete at the time of the agreement. However, the repayment of the loan cannot be required until a future date, usually with interest.

Another example is a contract for services. When a company hires a contractor to perform a service, they are contracting a debt that is complete at the time of the agreement. However, the payment for the service cannot be required until the service is completed.

These examples illustrate the definition of debitum in praesenti solvendum in futuro because they both involve a present debt or obligation that is complete at the time of the agreement, but the performance or payment cannot be required until a future time.

debitum in diem | debitum reale

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19:11
Nah, the fucked up thing about therapists is they try and make you think your parents are your enemy 99% of the time and really they should be telling you that your parents have almost no effect on the rest of your life. If they can get you to keep focusing on your parents they can keep making money.
19:12
Yeah, my life really does flow in about 5 years periods.
19:12
My crypto also flows in 5 day epochs too.
19:16
what do you do with your days as an unemployed crypto guy? do you play an instrument or something
19:47
please lawd
19:47
forgive me
19:47
its time to go back to tha old me
19:50
this is what i feel like when i get one single drill question right
19:50
when u get one wrong ;(
therapist slander detected
1a2b3c4d26z
20:37
Anyone got any polymarket locks
1a2b3c4d26z
20:37
Is anyone in here cool like fr cool
1a2b3c4d26z
20:37
Like watch college football cool
1a2b3c4d26z
20:37
Or like
1a2b3c4d26z
20:38
Frat
1a2b3c4d26z
20:39
Sorry guys I'm bored trying to get my Berkeley essay to 4 pages
20:40
no way they want four pages that’s crazy
20:41
bitches wanna be different sooo bad 😴
1a2b3c4d26z
20:42
Technically they want 3 to be completely fair to the powers that be, so I'm really trying to push out to 3
1a2b3c4d26z
20:42
But it's 1/2 inch margins
20:44
assuming it was 2 already, you’ve totally got 3 double spaced pages in you
20:45
should I watch the quirky umich dean videos? i feel like all of you have seen them except me but I can’t work up any enthusiasm for the idea
1a2b3c4d26z
20:54
I like Dean Z not sure why she gets slandered sometimes
1a2b3c4d26z
20:54
I would say yeah, they're helpful. But they can verge on unproductive and stress-inducing if you watch enough of them (especially the application read-through ones)
21:07
okay I’ll check them out
21:40
hey so where do i see my LSAC GPA bc i know they calculate it differently
21:40
sorry new to dis
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