Legal Definitions - constitutum debiti proprii

Definition:Constitutum debiti proprii is a Latin term that means "debt agreement." It is a legal term used in Roman law.

A constitutum debiti proprii is an agreement made by a debtor to pay an existing debt on a fixed day. This debt can be the debtor's own or someone else's. The creditor can still sue the original debtor even after the agreement is made. This agreement is different from a stipulation because it has to be for an existing debt.

For example, if John owes $100 to Mary, he can make a constitutum debiti proprii agreement with her to pay the debt on a fixed day. This agreement does not release John from his obligation to pay the debt, but it fixes a day for the repayment of the money owed.

Another example is if John owes $100 to Mary, but he cannot pay it back immediately. John can make a constitutum debiti proprii agreement with Mary to pay the debt on a fixed day in the future. This agreement can help John manage his finances and give him time to pay back the debt.

In summary, constitutum debiti proprii is a legal agreement made by a debtor to pay an existing debt on a fixed day. It is different from a stipulation because it has to be for an existing debt. This agreement can help debtors manage their finances and give them time to pay back their debts.