consensus ad idem

consensus ad idem
consensus ad idem consensus ad i‧dem [kənˌsensəs æd ˈaɪdem, -ˈɪdem ǁ -ˈaɪdem] noun [uncountable]
LAW agreement between all the people or groups who make a contract on what they understand the contract to be about. Consensus ad idem must exist before a court can force any of the people or groups to obey the contract

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consensus ad idem UK US noun [S or U]
LAW agreement between different people or groups about the exact meaning of a contract that is necessary before the contract is considered to be legally acceptable: »

The tribunal held that there was no consensus ad idem to the original contract, and that it was therefore not enforceable.


Financial and business terms. 2012.

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Look at other dictionaries:

  • consensus ad idem — con·sen·sus ad idem /kən sen səs ad ī dəm, äd ē dem/ n [Latin, agreement with respect to the same thing]: meeting of the minds Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • consensus ad idem — agreement, understanding of the terms of a contract (Latin) …   English contemporary dictionary

  • consensus ad idem — /kansensas aed aytam/ An agreement of parties to the same thing; a meeting of minds …   Black's law dictionary

  • consensus ad idem — /kansensas aed aytam/ An agreement of parties to the same thing; a meeting of minds …   Black's law dictionary

  • consensus ad idem — An agreement for the same thing; a meeting of the minds without which no contract can arise. Wheat v Cross, 31 Md 99 …   Ballentine's law dictionary

  • ad idem — / ad ī dəm, äd ē dem/ adv [Latin, to the same]: in agreement: at a meeting of the minds the parties were ad idem Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • ad idem — To the same effect. See consensus ad idem …   Ballentine's law dictionary

  • South African contract law — is essentially a modernised version of the Roman Dutch law of contract, [1] which is itself rooted in Roman law. In the broadest definition, a contract is an agreement entered into by two or more parties with the serious intention of creating a… …   Wikipedia

  • SALE — (Heb. מְכִירָה, mekhirah). Sale may be defined as the permanent transfer for consideration of existing legal rights from one person to another. The consideration may be in money or in kind. By extension the term sale is also used to denote a… …   Encyclopedia of Judaism

  • Meeting of the minds — For the talk show, see Meeting of Minds. Meeting of the minds (also referred to as mutual agreement, mutual assent or consensus ad idem) is a phrase in contract law used to describe the intentions of the parties forming the contract. In… …   Wikipedia

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