RunSensible’s Legal Dictionary

Your Guide to Clear and Concise Legal Definitions

Legal Dictionary

Mutuum

“Mutuum” is a Latin term used in a legal context to describe a particular type of loan or contract, commonly seen in civil law systems. It specifically refers to a loan of consumable items such as money or goods. The borrower is obligated to repay an equivalent amount or quantity of the same kind, rather than the same items themselves.

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