L. Fr. In old English law. A vivum vadium or living pledge, as distin-guished from a mortgage or dead pledge. Properly, an estate given as security for a debt, the debt to be satisfied out of the rents, issues, and profits.
L. Fr. In old English law. A vivum vadium or living pledge, as distin-guished from a mortgage or dead pledge. Properly, an estate given as security for a debt, the debt to be satisfied out of the rents, issues, and profits.