Latin Legal Terms

Cambium

Cambium – in practice, and namely within the area of Civil Law, this legal term means “exchange”, “substitution”. In ancient times, it has been used by the Romans to refer to exchange of title about land or about movable property. Therefore it related to the following applicable legal terms:
- “Cambium locale” - this legal term applies within the area of Law of Contracts, where it refers to a type of exchange agreement between the parties. Under the term of this agreement one party agrees to invest money in concrete business direction, and expects to receive money with benefit from another business direction in exchange of their investment.
- “Cambium mercantile” - this legal term applies within the Law of Contracts, where refers to a type of exchange agreement. With concluding it, one party agrees to invest money in concrete business direction, and expects to receive money with benefit from another business direction in exchange of their investment.
- “Cambium trajectitium” - this legal term applies in the Commercial Law and has a similar meaning to the above. It refers to a type of investment agreement. With this agreement one party agrees to invest money in concrete project, and expects to receive financial benefit from another business direction in exchange of their investment.

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