Pro Tanto Legal Meaning and Definition
Here is a simplified definition of the legal term Pro Tanto.
Pro Tanto (adverb/adjective)
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A Latin term often used in legal context, meaning "only to the extent of," "so far," or "for so much."
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It is specifically used to describe a partial payment or fulfillment of a legal obligation or claim, rather than the complete or final settlement.
Example: If part of a debt is repaid, that payment would be considered a pro tanto payment. It addresses a portion of the debt, but not the full amount.
Note: Pro Tanto
can be used as either an adverb or adjective depending on the context. In the instance of describing a payment, 'pro tanto' acts as an adjective. Conversely, when describing the extent of an action, it functions as an adverb.