Canonum De Ius Positivum
Canons of Positive Law

one heaven iconII.   Form

2.1 Form

Article 45 - Debt

Canon 1680 (link)

In a general sense, a Debt is a fictional Form representing an obligation by one or more Person(s) due to another one or more Persons(s) whether it be to perform an act, or make payment of certain currency, goods or effects.

Canon 1681 (link)

In a form sense, a Debt is a Form possessing negative value that may only be effectively discharged providing Assets of sufficient value exist within the Trust or Estate to render a zero balance or remainder in the Accounts.