Juridical Dictionary

This dictionary contains:
8526
juridical terms

Vadium mortuum




Vadium mortuum

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.

RELATED TERMS
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Mortgage
A legal instrument that creates a lien upon real estate securing the payment of a specific debt.

Dead-pledge
A mortgage of lands or goods - mortuum vadium.

Security
That which renders a matter sure; an instrument which renders certain the performance of a contract. The term is also sometimes applied to designate a person who becomes the surety for another, or who engages himself for the performance of another's contract.

Money
Gold, silver, and some other less precious metals, in the progress of civilization and commerce, have become the common standards of value; in order to avoid the delay and inconvenience of regulating their weight and quality whenever passed, the governments of the civilized world have caused them to be manufactured in certain portions, and marked with a Stamp which attests their value; this is called money.

Estate
A right or interest in property or the property of a deceased person.

Fee
1) Feudal law. An allotment of land in consideration of military service; land held of a superior, on condition of rendering him service, the ultimate property remaining in him. Oppossed to allodium. 2) An estate of inheritance - the highest and most extensive interest a man can have in a feud.

Condition
Persons. The situation in civil society which creates certain relations between the individual, to whom it is applied, and one or more others, from which mutual rights and obligations arise.

Time
Contracts, evidence, practice. The measure of duration., It is divided into years, months. days, hours, minutes, and seconds. It is also divided into day and night. 2) Pleading. The avertment of time is generally necessary in pleading; the rules are different, in different actions.

Pledge
Pledge or pawn. Contracts. These words seem indifferently used to convey the same idea. 2) Pledge Contracts. He who becomes security for another, and, in this sense, every one who becomes bail for another is a pledge

Continue
The act of postponing a scheduled court hearing to a later time.

Dead
Something which has no life; figuratively, something of no value.

Mortgagor
Estate's, contracts. He who makes a mortgage.



SIMILAR TERMS
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Vadium
Contracts. A pledge, or surety

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 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.



PREVIOUS AND NEXT TERMS
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Vacantia, bona
Civil law. Goods without an owner. Such goods escheat.

Vacate
To set aside.

Vacation
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.

Vaccaria
Old English law. A word which is derived from vacca, a cow, and signifies a dairy-house.

Vadium
Contracts. A pledge, or surety

Vadium mortuum

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 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.

Vagabond
One who wanders about idly, who has no certain dwelling. The ordonnances of the French define a vagabond almost in the same terms.

Vagrant
A tramp or homeless person.

Vagueness
Uncertainty.

Valid
An act, deed, will, and the like, which has received all the formalities required by law, is said to be valid or good in law.

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This dictionary contains 8526 terms.







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