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Vadium mortuum

Black's Law Dictionary · Henry Campbell Black, M.A. · 1910

Black's Law Dictionary

A mortgage or dead pledge; 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.

2 Bl. Comm. 157