Warning
Info
Warning
Info
Simple English definitions for legal terms
ejusdem negotii
Read a random definition: derived demand
A quick definition of ejusdem negotii:
Term: EJUSDEM NEGOTII
Definition: Ejusdem negotii means "part of the same transaction" in Latin. It refers to a situation where two or more legal matters are related to each other and are considered as one transaction. For example, if a person sells a car and also includes the sale of its spare parts, both the car and the spare parts are considered as ejusdem negotii. This term is commonly used in legal documents and contracts.
A more thorough explanation:
ejusdem negotii
Part of the same transaction.
Ejusdem negotii is a Latin term that refers to a legal principle where two or more things are considered to be part of the same transaction. This means that if there are multiple contracts or agreements related to a single transaction, they are all considered to be part of the same transaction.
For example, if a person buys a car and also purchases an extended warranty for the car, both the purchase of the car and the warranty are considered to be part of the same transaction. This means that if there is a dispute related to the car purchase, the warranty agreement may also be affected.
Another example could be a real estate transaction where the purchase agreement, mortgage agreement, and any other related contracts are all considered to be part of the same transaction.