See Also: VADIUM VIVUM, contracts(law)
VIVUM VADIUM, or living pledge, contracts(law)
VADIUM, contracts(law)
VADIUM MORTUUM, contracts(law)
MORTUUM VADIUM(law)
SET, contracts(law)
BID, contracts(law)
BAR, contracts(law)
EXECUTION, contracts(law)
DISSOLUTION, contracts(law)

VADIUM VIVUM, contracts (law)


VADIUM VIVUM, 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 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 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, 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 but this was a living pledge, for the profits of the land were constantly paying off the debt. Litt. sect. 206; 1 Pow. on Mort. 3; Termes de la Ley, paying off the debt. Litt. sect. 206; 1 Pow. on Mort. 3; Termes de la Ley, h.t. h.t.