locus poenitentiae

from Bouvier's Law Dictionary, Revised 6th Ed (1856)
LOCUS POENITENTIAE. contracts, crim. law. Literally this signifies a place 
of repentance; in law, it is the opportunity of withdrawing from a projected 
contract, before the parties are finally bound; or of abandoning the 
intention of committing a crime, before it has been completed, 2 Bro. C. R. 
569; Ersk. Laws of Scotl. 290. Vide article Attempt. 
    

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