Legal Definitions - debitum subesse

DEBITUM SUBESSE

Debitum subesse is a Latin term that means "the debt is due." It refers to a legal principle that acknowledges the existence of a debt that must be paid.

• When a borrower signs a loan agreement, they acknowledge that a debt is due to the lender.
• If a company purchases goods or services on credit, they have a debt that is due to the supplier.

These examples illustrate the concept of debitum subesse because they both involve a debtor owing money to a creditor. In both cases, the debt is legally recognized and must be paid according to the terms of the agreement.