Simple English definitions for legal terms
Read a random definition: Fair Credit Billing Act (FCBA)
A decoctor is someone who owes a lot of money and cannot pay it back. It is a term used in Roman law to describe a bankrupt or defaulting debtor.
Definition: Decoctor (di-kok-tər or -tor), n. [from Latin deciquere “to waste”] Roman law. A bankrupt; a defaulting debtor.
Example: The decoctor was unable to pay his debts and was forced to declare bankruptcy.
Explanation: In Roman law, a decoctor was a person who had wasted their assets and was unable to pay their debts. The example illustrates this definition by showing that the decoctor was unable to pay his debts and had to declare bankruptcy as a result.
declining-balance depreciation method | de coelo usque ad inferos