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Fiducia

Defined in 3 dictionaries — Ballentine's (1916), Black's (1910), Black's (1891)

Ballentine's Law Dictionary

James A. Ballentine · 1916

A sale conditional upon repurchase by the seller.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

In Roman law. An early form of mortgage or pledge, in which both the title and possession of the property were passed to the creditor by a formal act of sale, (properly with the solemnities of the transaction known as mancipatio,) there being at the same time an express or implied agreement on the part of the creditor to reconvey the property by a similar act of sale provided the debt was duly paid; but on default of payment, the property became absolutely vested in the creditor without foreclosure and without any right of redemption. In course of time, this form of security gave place to that known as hypothec a, while the contemporary contract of pignus or pawn underwent a corresponding development. See Mackeld. Rom. Law, § 334; Tomk. & J. Mod. Rom. Law, 182; Hadley, Rom. Law, 201-203 ; Pothier, Pand. tit "Fiducia."

A Dictionary of Law

Henry Campbell Black · 1891

In thecivillaw. A contract by which we sell a thing to some one—that is, transmit to him the property of the thing, with the solemn forms of emancipation—on condition that he willsell it back to us. This species of contract took place in the emancipation of children, in testaments, and in pledges. Poth. Pand. h. t.