Mutuum, or simple loan, is a contract where one party delivers money or another consumable thing to another, with the condition that the same amount of the same kind and quality shall be paid. The purpose is consumption. Ownership of the object passes to the borrower. It can be gratuitous or with a stipulation to pay interest. The object is money or consumable things. The borrower must pay the lender another thing of the same kind, quality, and quantity.