Definition of Vadium vivum. Meaning of Vadium vivum. Synonyms of Vadium vivum

Here you will find one or more explanations in English for the word Vadium vivum. Also in the bottom left of the page several parts of wikipedia pages related to the word Vadium vivum and, of course, Vadium vivum synonyms and on the right images related to the word Vadium vivum.

Definition of Vadium vivum

Vadium vivum
Vadium Va"di*um, n. [LL., from L. vas, vadis, bail.] (Law) Pledge; security; bail. See Mortgage. Vadium vivum [LL.] (Law), a living pledge, which exists where an estate is granted until a debt is paid out of its proceeds.

Meaning of Vadium vivum from wikipedia

- writers sought to draw a loose parallel between Welsh mortgages and the vivum vadium (or living pledge), an ancient form of mortgage in Medieval conveyancing...
- (or vivum vaidum) but if the mortgagee simply took those proceeds and the debt was unchanged it was called a dead pledge (originally a mortuum vadium, which...