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Simple English definitions for legal terms
pars ejusdem negotii
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A quick definition of pars ejusdem negotii:
Term: pars ejusdem negotii
Definition: Pars ejusdem negotii is a Latin phrase that means "part of the same transaction." This phrase is used to describe situations where two things, like an obligation and a condition, are connected and must be considered together to make up one transaction.
A more thorough explanation:
pars ejusdem negotii
Pars ejusdem negotii means "part of the same transaction" in Latin. It refers to a situation where two things are connected and must be considered together to make one transaction. For example, if you have an obligation attached to a condition, both the obligation and the condition are parts of the same transaction.
When you buy a car, the payment and the transfer of ownership are parts of the same transaction. You can't have one without the other. Another example is when you take out a loan. The loan amount and the interest rate are parts of the same transaction. You can't have one without the other.
These examples illustrate how pars ejusdem negotii means that two things are connected and must be considered together to make one transaction.