Corpus Legal Meaning and Definition
Here is a simplified definition of the legal term Corpus.
Corpus (noun):
- Latin term meaning 'body'. In the context of law, it usually refers to a substantial or primary part of something.
- In trust law, corpus refers to the principal amount or initial assets set aside to generate income.
- In estate law, the word corpus specifically denotes the total amount of property (assets) left by an individual at the time of their death.
- Corpus Juris is a term used to define a 'body of law' or a comprehensive collection of laws, statutes, and legal principles in a specific jurisdiction.
Note: Although 'corpus' is a Latin term, in the legal world, it's used as an English noun.