Commodate

Commodate

In civil law and Scots Law, a commodate (commodatum) is a gratuitous loan; a loan, or free concession of anything moveable or immoveable, for a certain timeframe, on condition of restoring again the same individual after a certain time.

It is a kind of loan, or contract, with one difference: the commodate is gratis, and does not transfer the property; the thing must be returned in essence, and without deterioration, so that things which consume by use, or time, cannot be objects of a commodate, but of a loan, because although they may be returned in kind, they cannot in identity.

References

  •  This article incorporates content from the 1728 Cyclopaedia, a publication in the public domain.
  • Webster's Revised Unabridged Dictionary (1913)

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Look at other dictionaries:

  • Commodate — Com mo*date, n. [L. commodatum thing lent, loan.] (Scots Law) A gratuitous loan. [1913 Webster] …   The Collaborative International Dictionary of English

  • commodate — com·mo·date …   English syllables

  • commodate — Exists where property is loaned gratuitously by owner for sole benefit, accommodation, and use of borrower, and specific thing loaned is to be returned. See also commodatum …   Black's law dictionary

  • commodate — Exists where property is loaned gratuitously by owner for sole benefit, accommodation, and use of borrower, and specific thing loaned is to be returned. See also commodatum …   Black's law dictionary

  • commodate — Same its commodatum …   Ballentine's law dictionary

  • commodate — ˈkäməˌdāt noun ( s) Etymology: Latin commodatum loan : commodatum …   Useful english dictionary

  • товарный кредит — в гражданском праве РФ разновидность кредитного договора. Согласно ст. 822 ГК РФ, сторонами может быть заключен договор, предусматривающий обязанность одной стороны предоставить другой стороне вещи, определенные родовыми признаками (договор Т.к.) …   Большой юридический словарь

  • Hindemith, Paul — (1895 1963)    composer, music* theorist, and conduc tor; perhaps the foremost German composer of his generation. He was born in Hanau. His father was a house painter who moved his family to nearby Frankfurt in 1902. Although financial worries… …   Historical dictionary of Weimar Republik

  • adapt — v 1. adjust, make suitable, modify, moderate, limit, qualify, Archaic. attemper; conform, ac commodate, comply, fit, suit; convert, change, alter, transform, metamorphose; fashion, shape, proportion, remodel. 2. acclimate, acclimatize, naturalize …   A Note on the Style of the synonym finder

  • Товарный кредит — (англ. commodate) в гражданском праве РФ кредит, предоставляемый (получаемый) на основании договора, предусматривающего обязанность одной стороны предоставить др. стороне вещи, определенные родовыми признаками (договора Т.к.). Согласно ст. 822 ГК …   Энциклопедия права

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