cessio bonorum
in the Scots law of insolvency, an older form of bankruptcy that did not give the debtor a discharge but allowed him to be released from civil imprisonment on giving up all his property

Collins dictionary of law. . 2001.

Look at other dictionaries:

  • Cessio bonorum — (Latin for a surrender of goods), in Roman law, is a voluntary surrender of goods by a debtor to his creditors. It did not amount to a discharge unless the property ceded was sufficient for the purpose, but it secured the debtor from personal… …   Wikipedia

  • Cessio bonorum — Cessio bonorum, s. Bonorum cessio …   Kleines Konversations-Lexikon

  • Cessĭo bonōrum — (lat.), die Erklärung des in solventen Schuldners, daß er den Glänbigern sein. [833] Güter abtrete, damit die Letzteren aus diesen die Befriedigung ihrer Forderung suchen. Die Gläubiger erhalten dadurch nicht das Eigenthum, sondern nur Detention… …   Pierer's Universal-Lexikon

  • Cessio bonōrum — (lat.), im römischen Rechte die von dem zahlungsunfähigen Schuldner vorgenommene Abtretung des Vermögens an seine Gläubiger. Durch diese freiwillige Vermögensabtretung wurde der Schuldner vor gewissen Nachteilen bewahrt, die sonst mit der… …   Meyers Großes Konversations-Lexikon

  • cessio bonorum — ▪ Roman law       (Latin: “a cession of goods”), in Roman law, a voluntary surrender of goods by a debtor to his creditors. It did not amount to a discharge of the debt unless the property ceded was sufficient for the purpose, but it secured the… …   Universalium

  • cessio bonorum — /ses(h)(i)yow banoram/ In Roman law, cession of goods. A surrender, relinquishment, or assignment of all his property and effects made by an insolvent debtor for the benefit of his creditors. The term is commonly employed in continental… …   Black's law dictionary

  • cessio bonorum — /ses(h)(i)yow banoram/ In Roman law, cession of goods. A surrender, relinquishment, or assignment of all his property and effects made by an insolvent debtor for the benefit of his creditors. The term is commonly employed in continental… …   Black's law dictionary

  • cessio bonorum — (Roman law.) The right of an impoverished debtor to anticipate his creditors by voluntarily ceding his estate to them and thereby exempt himself from imprisonment and from infamy. It was doubtless the ancestor of our modern bankruptcy law.… …   Ballentine's law dictionary

  • cessio bonorum — bəˈnōrəm noun Etymology: Latin, literally, cession of goods Roman & civil law : a voluntary assignment by a debtor of all his property to his creditors by which he escapes the more painful penalties of insolvency (as liability to arrest and… …   Useful english dictionary

  • Bonōrum cessio — (lat.), freiwillige Güterabtretung an die Gläubiger (s. Cessio bonorum) …   Meyers Großes Konversations-Lexikon

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