LEX COMMISSORIA


Meaning of LEX COMMISSORIA in English

-ˌkäməˈsōrēə noun

Etymology: Late Latin

Roman & civil law : a penalty clause for nonperformance of a contract: as

a. : a provision that a pledge shall be forfeited if a loan is not repaid

b. : a condition that money paid on a contract of sale shall be forfeited and the sale rescinded if remaining payments are defaulted

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.