Simple English definitions for legal terms
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Term: NIL DEBET
Definition: Nil debet is a Latin term that means "he owes nothing." In the past, it was used as a general denial in a debt action on a simple contract. It was a formal way of denying the existence of any debt, and any matters in excuse or discharge could also be shown.
Definition: Nil debet is a Latin term that means "he owes nothing." It was used historically as a general denial in a debt action on a simple contract. In legal terms, it is a formal denial of the debt. It denies not only the existence of any contract, but under it any matters in excuse or in discharge may also be shown.
These examples illustrate how nil debet was used historically in legal proceedings to deny the existence of a debt and any related matters. It was a formal way for defendants to defend themselves against false accusations of owing money.