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Legal Definitions - in excambio
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Definition of in excambio
IN EXCAMBIO
in excambio (in eks-kam-bee-oh), adv. [Law Latin] Historically, this phrase means "in exchange." It was commonly used in deeds of exchange.
1. "I will give you my horse in excambio for your cow."
2. "The two parties agreed to exchange their lands in excambio."
The first example shows how the phrase can be used to indicate a trade or swap between two parties. The second example illustrates how the phrase was used in legal documents, specifically in deeds of exchange, to indicate the transfer of property or assets between two parties.
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Simple Definition
Term: IN EXCAMBIO
Definition: In excambio means "in exchange." This phrase was used in legal documents called deeds of exchange. It was used to indicate that something was being traded or swapped for something else.
The law is reason, free from passion.
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