JUS EXIGENDI

jus exigendi (j<<schwa>>s ek-si-jen-dI). [Latin] Scots law. A creditor’s right to enforce

immediate payment of a debt. Cf. JUS CREDITI.

“For example, where a testator directs his testamentary trustees to pay a certain legacy, which he has unconditionally bequeathed to the legatee, six months after his (the testator’s) death, the legacy vests on the death of the testator, and the legatee acquires then the jus crediti, but he cannot enforce payment of the legacy until after the expiry of the six months; he acquires the jus exigendi when the debt has become prestable.” John Trayner, Trayner’s Latin Maxims 305 (4th ed. 1894).

[Blacks Law 8th]