Legal Definition of nudum pactum
: an agreement or promise that is made without consideration and hence unenforceable a mere nudum pactum — compare gratuitous promise at promise.
What is a Nudum Pactum in contract law?
Nudum pactum is a Latin term that translates as "naked agreement." In law, it is an agreement in which there is no consideration. This means the agreement is not legally enforceable by law because it is not "dressed" with consideration, as legally required.
What is consideration in a contract?
Something bargained for and received by a promisor from a promisee. Common types of consideration include real or personal property, a return promise, some act, or a forbearance. Consideration or a valid substitute is required to have a contract.
