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Simple English definitions for legal terms
reliqua
Read a random definition: sequatur sub suo periculo
A quick definition of reliqua:
Reliqua is a Latin term used in civil law to refer to the remaining amount of a debt that is left unpaid after balancing or liquidating an account.
A more thorough explanation:
Term: ReliquaDefinition: Reliqua is a term used in civil law to refer to the remaining amount of a debt that is left unpaid after balancing or liquidating an account. It is the amount that is still owed by the debtor to the creditor.
Example: John owes $500 to his creditor. He pays $300, leaving a balance of $200. This $200 is the reliqua that John still owes to his creditor.
The example illustrates how reliqua is used in civil law to refer to the remaining amount of a debt that is left unpaid after partial payment.