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.
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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.
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