Res cogitans
What the Latins (and Enlightenment French, come to think of it) called what we think of as a derivative: things that exist only in the mind; hypotheticals; as opposed to the physical hard stuff you stub your toe on when you are in the real word. That’s res extensa.
- Cash brokerage: res extensa.
- Contracts for difference: res cogitans.
|
The JC’s guide to pithy Latin adages
|