Simple English definitions for legal terms
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Term: OMNIUM BONORUM
Definition: In Roman and Scots law, the phrase "omnium bonorum" means "of all goods." This phrase is used when referring to a conveyance of or partnership in one's entire estate.
Simply put, if someone uses the phrase "omnium bonorum," they are talking about all of their possessions and property.
Definition: The Latin term "omnium bonorum" means "of all goods." It is used in Roman and Scots law to refer to a conveyance of or partnership in one's entire estate.
Example: If a person wants to transfer all their property and assets to another person, they can use the phrase "omnium bonorum" to indicate that they are transferring all their goods and possessions.
Explanation: The term "omnium bonorum" is used to indicate a transfer of all goods and possessions. This can be useful in legal situations where a person wants to transfer their entire estate to another person or enter into a partnership where all assets are shared. The use of this phrase makes it clear that everything is being transferred or shared, leaving no room for confusion or misunderstandings.