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Simple English definitions for legal terms
titulo lucrativo, qui titulus est post contractum debitum
Read a random definition: excise tax
A quick definition of titulo lucrativo, qui titulus est post contractum debitum:
Term: Titulo Lucrativo
Definition: Titulo lucrativo refers to a legal term that describes a situation where a person becomes entitled to receive money after they have already entered into a debt agreement. In simpler terms, it means that someone is owed money even though it was not part of the original agreement.
A more thorough explanation:
Titulo lucrativo, qui titulus est post contractum debitum
A lucrative title that arises after a debt has been contracted.
- Interest on a loan is a lucrative title that arises after the debt has been contracted.
- A late fee on a credit card is a lucrative title that arises after the debt has been contracted.
These examples illustrate how a lucrative title can arise after a debt has been contracted. In the case of a loan, the lender may charge interest on the amount borrowed, which is a form of lucrative title. Similarly, a credit card company may charge a late fee if the borrower does not make their payment on time, which is another form of lucrative title.