/ˈsaɪtəs ʌv dɛt/ – Phrase
Definition: địa điểm đăng ký của khoản nợ.
A more thorough explanation: The legal English definition of the term “situs of debt” refers to the physical location or jurisdiction where a debt is considered to be situated or located for legal purposes, such as for determining the applicable laws governing the debt, enforcement procedures, and jurisdiction for resolving disputes related to the debt.
Example: The situs of debt, or the location where a debt is deemed to exist for legal purposes, may impact the jurisdiction in which a creditor can pursue collection actions.