Pactum De Quota Litis – this legal phrase comes from Latin: for example, this cold be an agreement concluded between the creditor and a third party, where against direct payment towards the creditor, the third party receives part of the…
Pactum constitutae pecuniae – this is legal phrase coming from Latin, 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…
Pact de non aliendando – this legal phrase comes from Latin and in the sphere of Real Estate Law it refers to the right of the mortgagee to start execution procedure against the burdened immovable property, although any subsequent alienation…
Pachage mortgage – in terms of Property Law in many legal systems, this legal phrase describes a loan secured with a mortgage, established on concrete real estate (altogether with its improvements) in favor of the crediting party. Somewhere called also…
Pactum de non petendo – this legal phrase comes from Latin. Literally it means “an agreement not to litigate”. Briefly, it is formed from the Latin words “pactum” (agreement) and “petendo” (sue). In many legal systems it details a concluded…
Pactum de constituto – this legal phrase comes from Latin and describes a concluded agreement where third party promises/guarantees payment of the debt towards the creditor, via paying it personally on behalf of the debtor or achieving some extra time…
Paction – within the sphere of International Contract Law, the term details a concluded international contract with a single, non-continuous performance of its terms and conditions by the participating parties.
Pacta Sunt Servanda – this legal phrase comes from Latin and in terms of Law of Contracts it means: “Contracts should be obeyed and performed”, which is basic civil principle in the modern law, accepted in many legal systems.
Package hypothec – in terms of Real Estate Law, this legal phrase details a loan secured with a mortgage that has been established on concrete real estate (altogether with its improvements). Somewhere called “package mortgage”.
The physical or emotional distress resulting from an injury. Though the concept is somewhat abstract, the injured plaintiff can seek compensation in the form of cold, hard cash. How much the defendant owes for pain and suffering is calculated separately…