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Vadium vivum

Ballentine's Law Dictionary · James A. Ballentine · 1916

Ballentine's Law Dictionary

A pledge wherein the profits or income from the property were applied to the payment of the debt secured.

See 88 Cal. 437, 22 Am. St. Rep. 314, 13 L. R. A. 137, 26 Pac. 203.

See, also, Welsh mortgage.