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pactum de constituto

noun
pactum de con·​sti·​tu·​to | \-ˌkänstəˈtüt(ˌ)ō\

Definition of pactum de constituto 

Roman law

: a pactum vestitum whereby one promises to pay another's debt on a future day or to give security in consideration of the creditor's giving the debtor additional time

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History and Etymology for pactum de constituto

Late Latin, pact of settlement

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