Lat. In the civil law. Peril; danger; hazard; risk. Periculum rei venditoe, nondum tra- dita;, est emptoris. The risk of a tiling sold, and not yet delivered, is the purchaser’s. 2 Kent, Comm. 498, 499.

More On This Topic

Link to This Definition
Did you find this definition of PERICULUM helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary