Juridical Dictionary

This dictionary contains:
8526
juridical terms

Vadium vivum




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.

RELATED TERMS
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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.

Issues
English law. The goods and profits of the lands of a defendant against whom a writ of distringas or distress infinite has been issued, taken by virtue of such writ, are called issues.

Profits
In general, by this term is understood the benefit which a man derives from a thing. It is more particularly applied to such benefit as arises from his labor and skill.

Were
The name of a fine among the Saxons imposed upon a murderer

Lost
What was once possessed and cannot now be found.

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

Debt
Whatever one owes. A sum of money due by certain and express agreement.



SIMILAR TERMS
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Vadium
Contracts. A pledge, or surety

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.



PREVIOUS AND NEXT TERMS
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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
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.

Vadium vivum

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.

Valuable consideration
Contracts. An equivalent for a thing purchased.

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This dictionary contains 8526 terms.







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