Other Free Encyclopedias » Law Library - American Law and Legal Information » Free Legal Encyclopedia: Purge to Recovered Assets Incentivization Fund (RAIF)

Rebus Sic Stantibus

[Latin, At this point of affairs; in these circumstances.] A tacit condition attached to all treaties to the effect that they will no longer be binding as soon as the state of facts and conditions upon which they were based changes to a substantial degree.

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