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Simple English definitions for legal terms
ad computum reddendum
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A quick definition of ad computum reddendum:
Term: ad computum reddendum
Definition: Ad computum reddendum is a legal term that means to provide a report or explanation of financial transactions. It is often used in accounting and finance to describe the process of rendering an account. In simpler terms, it means to give an account of money that has been spent or received.
A more thorough explanation:
ad computum reddendum
Ad computum reddendum is a legal term that means to provide a detailed report of financial transactions.
- After the audit, the company was required to ad computum reddendum to the government.
- The executor of the estate had to ad computum reddendum to the beneficiaries.
These examples show how ad computum reddendum is used in a legal context to describe the requirement to provide a detailed financial report. In the first example, the company had to provide a report to the government after an audit. In the second example, the executor of the estate had to provide a report to the beneficiaries to show how the assets were distributed.