nudum pactum

English - Turkish

Definition of nudum pactum in English Turkish dictionary

(Kanun) Tek taraflı vaad içeren sözleşme

English - English

Definition of nudum pactum in English English dictionary

In common law, a promise that is not legally enforceable due to lack of consideration

(Kanun) A nudum pactum in Latin literally means 'Bare or Naked Promise.' In common law, it refers to a promise that is not legally enforceable for want of consideration. An example of a nudum pactum would be an offer to sell something without a corresponding offer of value in exchange. Since the offer has not been created with any consideration, it is gratuitous and treated as a unilateral contract. The offer is therefore revocable at any time by the offeror before acceptance by the offeree

contract that cannot be enforced because on side benefits without putting forth any effort

A bare, naked contract, without any consideration

Etymology

() From Latin nūdum the neuter form of nūdus meaning "nude" or "bare" + pāctum meaning "bargain" or "agreement". pāctum