Simple English definitions for legal terms
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Term: MORANDAE SOLUTIONIS CAUSA
Definition: Morandae solutionis causa is a Latin term that means delaying payment. It refers to a historical practice of intentionally postponing payment for a particular reason.
Definition: Morandae solutionis causa is a Latin term that means "for the purpose of delaying payment."
Example: A company may use morandae solutionis causa to delay payment to a vendor by requesting additional documentation or clarification on an invoice.
This term is often used in legal or financial contexts to describe a deliberate effort to postpone payment. It can be used as a tactic to gain leverage in negotiations or to manage cash flow. However, it is important to note that using morandae solutionis causa to avoid paying debts can have legal consequences.