nudum pactum

nudum pactum
/nooh"deuhm pak"teuhm, nyooh"-/, Law.
a simple contract or promise involving no legal considerations.
[ < L nudum pactum lit., bare pact]

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Universalium. 2010.

Look at other dictionaries:

  • nudum pactum — nu·dum pac·tum / nü dəm pak təm, nyü , päk / n [Medieval Latin, naked pact]: an agreement or promise that is made without consideration and hence unenforceable a mere nudum pactum compare gratuitous promise at promise …   Law dictionary

  • nudum pactum — nu‧dum pac‧tum [ˌnjuːdʊm ˈpæktʊm ǁ ˌnuː ] noun [countable, uncountable] a futures contract or options contract where the seller does not own the related shares etc; = NAKED CONTRACT; NUDE CONTRACT * * * nudum pactum UK US noun [C] …   Financial and business terms

  • Nudum pactum — Nu dum pac tum [L., a nude pact.] (Law) A bare, naked contract, without any consideration and therefore unenforceable in a court of law. Tomlins. [1913 Webster +PJC] …   The Collaborative International Dictionary of English

  • Nudum pactum — A nudum pactum in Latin literally means Bare or Naked Promise. In common law, it refers to a promise that is not legally enforceable for want of consideration. An example of a nudum pactum would be an offer to sell something without a… …   Wikipedia

  • nudum pactum — noun In common law, a promise that is not legally enforceable due to lack of consideration …   Wiktionary

  • nudum pactum — contract that cannot be enforced because on side benefits without putting forth any effort …   English contemporary dictionary

  • nudum pactum — Latin: nude contract An agreement that is unenforceable in British law because no consideration is mentioned. See contract …   Big dictionary of business and management

  • nudum pactum — Literally, a bare agreement. A promise not supported by a consideration. Todd v Weber, 95 NY 181 …   Ballentine's law dictionary

  • nudum pactum — …   Useful english dictionary

  • nudum pactum ex quo non oritur actio — /n(y)uwdam paektam eks kwow non oratar aeksh(iy)ow/ Nudum pactum is that upon which no action arises …   Black's law dictionary

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