Legal Definitions - correi debendi

Definition: Correi debendi (kor-ee-I di-ben-dI) is a Latin term used in Roman and Scots law to refer to joint debtors. It is also known as correi promittendi (proh-mi-ten-dI). In the Roman law, it refers to persons who are jointly bound, while in the Scots law, if bound severally and not jointly and severally, each is only responsible for their share, regardless of the responsibility of the others.

Example: If two people take out a loan together, they are correi debendi, meaning they are both responsible for repaying the loan. If one person defaults on their payment, the other person is still liable for the full amount of the loan.

Explanation: This example illustrates how correi debendi works in practice. When two people take out a loan together, they are both responsible for repaying the loan. If one person fails to make their payments, the other person is still responsible for the full amount of the loan. This is because they are both joint debtors, or correi debendi, and the lender can pursue either of them for the full amount owed.