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Glossary : debitum in praesenti solvendum in futuro

Definition 1


A debt due at present, to be
paid in future. There is a difference between debt payable now and one
payable at a future time. On the former an action may be brought, on the
latter no action lies until it becomes due. See Due, Owing, and 13 Pet.
494, 11 Mass. 493.


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