V

Latin: In the civil law. Goods without an owner, or in which no one claims a property; escheated goods. Inst. 2, 6, 4; 1 Bl. Comm. 298. … [Read more...] about VACANTIA BONA

Latin: A pledge; security by pledge of property. Coggs v. Bernard, 2 Ld. Raym. 913. Vadium mortuum. A mortgage or dead pledge; a security given by the borrower of a sum of money, by which he grants to' the lender an estate in fee. on condition that, if the money be not repaid at the time appointed, the estate so put in pledge shall continue to the lender as dead or gone from … [Read more...] about VADIUM

To annul, to render an act void; as to vacate an entry which has been made on a record when the court has been imposed upon by fraud, or taken by surprise. To annul; to cancel or rescind ; to render an act void; as, to vacate an entry of record, or a judgment. … [Read more...] about VACATE

contracts. A mortgage or dead-pledge; it is a security given by the borrower of a sum of money, by which he grants to the lender an estate in fee, on condition that if the money be not repaid at the time appointed, the estate so put in pledge shall continue to the lender as dead or gone from the mortgagor. … [Read more...] about VADIUM MORTUUM

When a judgment is canceled, rescinded or set aside and removed from the record. … [Read more...] about VACATING A JUDGMENT