V

When a judgment is canceled, rescinded or set aside and removed from the record.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

contracts. A species of security by which the borrower of a sum of money, made over his estate to the lender, until he had received that sum out of the issues and profits of the land; it was so called because neither the money nor the lands were lost, and were not left in lead pledge, but this was a living pledge, for the profits of the land were constantly paying off the debt. … [Read more...] about VADIUM VIVUM

Latin: In the civil law. Exemption; immunity; privilege; dispensation; exemption from the burden of office. Calvin. … [Read more...] about VACATIO

In old English law. The king's eldest son; hence the valet or knave follows the king and queen in a pack of cards. Bar. Obs, St 344. … [Read more...] about VADLET

That period of time between the end of one term and beginning of another. During vacation, rules and orders are made in such cases as are urgent, by a judge at his chambers. Employment. Vacation is time off from work, usually paid days, also known as "holiday" in England and international territories. … [Read more...] about VACATION