nudum pactum

Meanings

• noun

  A naked agreement or contract, without any security or guarantee.

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Variants

List of all variants of nudum pactum that leads to same result
sanctum sanctorum , sanctum sanctorums

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Etymology

origin and the way in which meanings have changed throughout history.

From Latin 'nudus' meaning naked and 'pactum' meaning agreement or contract.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The term 'nudum pactum' was commonly used in ancient Roman law.

2. The phrase 'naked and uncommitted' is sometimes used interchangeably with 'nudum pactum' in modern legal contexts.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. unsecured loan: A loan agreement that does not require collateral or security.

2. naked option: A financial instrument that provides the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price before a specified date.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

In ancient Rome, a nudum pactum was an agreement made between two parties without any formal witnesses or documentation. Such agreements were binding but could be disputed if one party reneged on their end of the bargain.

How to Memorize "nudum pactum"

1. visualize
   

   - Visualize a contract being signed between two parties without any security or guarantees.

2. associate
   

   - Associate the word 'naked' with 'agreement' or 'contract' to remember the meaning.

3. mnemonics
   

   - Use the mnemonic 'Naked and Uncommitted' to remember the meaning of 'nudum pactum'.

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