Legal Dictionary
Main Entry:
re·spon·den·tiaPronunciation:
"rE-"spän-'den-chE-&Function:
nounEtymology: New Latin, from Latin
respondent- respondens, present participle of
respondere to answer, correspond; from the fact that the loan is only a personal obligation on the part of the borrower who must “answer” for the money
: a loan secured by the goods on one's ship —compare
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