lexica Lexica → Phrase → pacta sunt servanda

 

LetterP
Letter namepee
Pronounciation/piː/


Definition for pacta sunt servanda
Phrase:pacta sunt servanda
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.