Legal Definitions - plene computavit

Definition: Plene computavit (plee-nee kom-pyoo-tay-vit) is a Latin term used in law to mean "he has fully accounted." It is often used as a plea in an action of account render, where the defendant is accused of not fully accounting for their financial transactions.

Examples:

• A personal representative prepares a report of all items of property, income, and expenses and gives it to the probate court. This report is known as an accounting.
• A plaintiff sues a defendant to compel them to account for and pay over money owed to the plaintiff but held by the defendant.
• Partners in a business use plene computavit to settle all partnership affairs in connection with partner misconduct or with a winding up.

These examples illustrate how plene computavit is used in different legal contexts to refer to the process of accounting for financial transactions and settling financial disputes.