Lexica → Phrase → pacta sunt servanda
Letter | P |
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Letter name | pee |
Pronounciation | /piː/ |
Phrase: | pacta sunt servanda |
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Pronounciation: | |
Century: | 21st |
DA Name: | pacta sunt servanda |
Era: | C.E. |
Origin: | Original |
Type: | Official |
Source Language: | Latin |
Source Language Words: | |
Source Text: | |
Definition: | An ancient Latin phrase and fundamental principle of both ancient pre-Vatican LAW and COMMON LAW meaning literally "agreements must be kept". In it most basic sense, the principle infers that CLAUSES within a CONTRACT agreed in good faith (BONA FIDE) are LAW and that non-fulfulment of respective obligations is a breach of the pact. However, today this maxim has been thoroughly corrupted by two modern "escape clauses" namely: JUS COGENS ("compelling law") and REBUS SIC STANTIBUS ("things thus standing") which are usually reserved for the treatment and interpretation of INTERNATIONAL LAW and not granted to lesser courts. |