👉 The term "commodatum" is used in the context of business and finance to describe a transaction or event where two parties enter into an agreement with each other. The term comes from Latin, meaning "to give notice." In this sense, it refers to the act of exchanging goods or services between two parties who have agreed to exchange them for consideration. For example, if a company purchases a machine from another company and agrees to pay for it upon delivery, that is considered a commodatum.
