Understanding Mallus: A Legal Term for Security and Guarantees

Mallus is a Latin word that means "pledge" or "security". In the context of law, it refers to a person who is bound by a legal obligation or liability, such as a guarantor or surety.

For example, if someone borrows money and cannot repay it, the lender may require a third party, known as a mallus, to guarantee the loan. If the borrower defaults on the loan, the lender can then seek repayment from the mallus.

In ancient Rome, mallus was used as a legal term to describe the person who provided the security for a debt or obligation. The concept of mallus is still used in modern law, although the specific terms and conditions may vary depending on the jurisdiction.

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