Legal Definitions - de debito

DE DEBITO

De debito (dee deb-i-toh), n. [Law Latin “of debt”] Historically, it refers to a writ of debt. It is sometimes shortened to debito.

One example of de debito is a legal document that a creditor would use to sue a debtor for money owed. The writ would state the amount of money owed and the reason for the debt. The debtor would then have to appear in court to defend themselves or pay the debt.

Another example is a record of a debt owed in a company's accounting books. The company would list the amount owed and the debtor's name in their records.

The examples illustrate how de debito was used historically to enforce debt repayment. The writ of debt was a legal tool used to compel debtors to pay their debts or face legal consequences. The accounting record was a way for companies to keep track of debts owed to them and to ensure that they were repaid.