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Simple English definitions for legal terms

ubi aberat animus foenerandi

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A quick definition of ubi aberat animus foenerandi:

Term: UBI ABERAT ANIMUS FOENERANDI

Definition: Ubi aberat animus foenerandi is a Latin term that means "where the intention of taking of a usurious interest was wanting." This means that a lender cannot be held responsible for charging an excessive interest rate unless they had the intention of doing so. It is similar to the concept of hidden usury, where a lender disguises the true cost of borrowing.

A more thorough explanation:

Definition: Ubi aberat animus foenerandi is a Latin term that means "where the intention of taking of a usurious interest was wanting." In history, a lender was not responsible for usurious provisions in a contract unless the lender had the intention of exacting the money. This term is often used in legal contexts.

For example, if a lender lends money to a borrower with an interest rate that is higher than the legal limit, but the lender did not have the intention of taking advantage of the borrower, then the lender would not be liable for usury. However, if the lender had the intention of charging a usurious interest rate, then the lender would be held responsible for violating usury laws.

Another example could be a situation where a lender and borrower agree on an interest rate that is higher than the legal limit, but the lender did not have the intention of charging a usurious interest rate. In this case, the lender would not be held responsible for violating usury laws.

These examples illustrate how the concept of ubi aberat animus foenerandi is used to determine whether a lender is liable for usury. It emphasizes the importance of the lender's intention in determining whether a usurious interest rate was charged.

ubi | ubi defunctus habuit domicilium

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9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
Mich overrated (Dean Z please let me in even tho i didnt apply and I am below both 25ths)
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