Latin Legal Terms


Pactum – this Latin noun means treaty, pact, and contract. In practice, the word participates in the legal term “pacta sunt servanda”, which in terms of Law of Contracts means: “Contracts should be obeyed and performed”, which is basic civil principle in the modern law, accepted in many legal systems. It is also used as part of the expression „pactum nudum”, which means “naked pact, not a strong agreement”.
The word also participates in the legal phrase “Pactum constitutae pecuniae”, which means “a contract for concrete amount” and usually is used in the Law of Contracts area, where refers to the reached agreement between the creditor and the debtor (or another person who wishes to cover the debt) that the debt shall be paid back towards the creditor on a certain, concrete date.
- Pactum de non petendo – this legal phrase comes from Latin and in many legal systems details a concluded agreement in favor of the debtor, via which contract the creditor obliges not to enforce the debt at the local court, until certain deadline occurs. In this way the debtor buys some more time for re-payment of their debt.

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