PRO TANTO Meaning and
Definition
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Pro Tanto is a Latin term that translates to "for so much" or "to that extent" in English. It is commonly used in legal and financial contexts to indicate a partial or proportionate amount. The term denotes that something is valid or applicable only to the extent specified or described.
In legal settings, "pro tanto" is frequently used to refer to partial payment or compensation. It indicates that a payment or settlement made by one party is only an interim or partial amount, and further obligations or payments may still be due in the future. It establishes that the payment made is only applicable or considered up to a certain extent or for a particular purpose, but not for the entirety of the debt or obligation.
In financial contexts, "pro tanto" is often used in the calculation of damages or losses. It signifies that the total amount of damages or losses can only be determined or estimated to a certain extent, and further assessment or evaluation may be required for a complete determination.
Overall, "pro tanto" serves as a term to indicate a partial, proportionate, or interim amount or effect in various legal and financial matters. It acknowledges that something is valid or applicable only up to a specified extent, leaving room for further actions or consideration beyond that limit.
Common Misspellings for PRO TANTO
- oro tanto
- lro tanto
- -ro tanto
- 0ro tanto
- peo tanto
- pdo tanto
- pfo tanto
- pto tanto
- p5o tanto
- p4o tanto
- pri tanto
- prk tanto
- prl tanto
- prp tanto
- pr0 tanto
- pr9 tanto
- pro ranto
- pro fanto
- pro ganto
- pro yanto
Etymology of PRO TANTO
The term pro tanto is Latin in origin. Pro means for or in view of in Latin, while tanto means so much or to that extent. Thus, pro tanto literally translates to for so much or to that extent.
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