Unfortunately, “Ad Lucrandum Vel Perden Dum” is not a recognized word or phrase in any language. It appears to be a jumbled combination of Latin words that do not form a coherent phrase or concept. Therefore, it is not possible to provide a dictionary definition for this term.
Ad Lucrandum Vel Perden Dum is a Latin legal term that translates to “for the purpose of gaining or losing.” It refers to a legal principle that allows parties to enter into a contract or engage in an activity with the intention of making a profit or incurring a loss. This principle recognises the freedom of individuals to engage in economic transactions and assumes that parties are acting in their own self-interest. It is commonly used in contract law and commercial transactions to establish the intent and purpose of the parties involved.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 29th March 2024.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
- Page URL:https://dlssolicitors.com/define/ad-lucrandum-vel-perden-dum/
- Modern Language Association (MLA):Ad Lucrandum Vel Perden Dum. dlssolicitors.com. DLS Solicitors. May 09 2024 https://dlssolicitors.com/define/ad-lucrandum-vel-perden-dum/.
- Chicago Manual of Style (CMS):Ad Lucrandum Vel Perden Dum. dlssolicitors.com. DLS Solicitors. https://dlssolicitors.com/define/ad-lucrandum-vel-perden-dum/ (accessed: May 09 2024).
- American Psychological Association (APA):Ad Lucrandum Vel Perden Dum. dlssolicitors.com. Retrieved May 09 2024, from dlssolicitors.com website: https://dlssolicitors.com/define/ad-lucrandum-vel-perden-dum/
Our team of professionals are based in Alderley Edge, Cheshire. We offer clear, specialist legal advice in all matters relating to Family Law, Wills, Trusts, Probate, Lasting Power of Attorney and Court of Protection.
All author posts