mutuum

noun — 2 senses

noun

Etymology From Middle English [Term?], from Latin mūtuum (“loan”), neuter substantive of mūtuus (“borrowed, lent”).

Law Roman A loan of a fungible thing to be restored by a similar thing of the same kind, quantity, and quality.

A contract in which movables are loaned in this way.

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.