Legal Definitions - in solutum

Term: in solutum
Definition: In solutum is a Latin term used in history to refer to payment. It means that a debt or obligation has been settled or paid off.
Examples: If someone owes money to another person, they can pay it in solutum by giving them the full amount owed. For example, if John owes $100 to Jane, he can pay her in solutum by giving her $100 to settle the debt. Another example is if a company owes taxes to the government, they can pay it in solutum by paying the full amount owed.
Explanation: The examples illustrate the definition of in solutum by showing how it is used to refer to payment. In both cases, a debt or obligation is settled by paying the full amount owed, which is what in solutum means.