pactum de constituto

noun

pactum de con·​sti·​tu·​to

-ˌkänstəˈtüt(ˌ)ō

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

Word History

Etymology

Late Latin, pact of settlement

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