Vadium vivum — Law Dictionary

Ballentine's Law Dictionary

James A. Ballentine · 1916

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.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

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 dead pledge, but this was a living pledge, for the profits of the land were constantly paying oft the debt. Litt § 206; 1 Pow. Mortg. 3; Termes de la Ley; Spect v. Spect, 88 Cal. 437, 26 Pac. 203. 13 In R. A. 137, 22 Am. St. Rep. 314 ; O'Neill v. Gray, 39 Hun (N. Y.) 566; Kort-right v. Cady, 21 N. Y. 344, 78 Am. Den. 145.

Defined under Vadium in Black's Law Dictionary.

A Law Dictionary, Adapted to the Constitution and Laws of the United States

John Bouvier · 1839

contracts. complete the offence of uttering. 2 Bino. Rep. 338, 9. Vide East, P. C. 179; Leach, 251; 2 Stark. Ev. 378; 1 Moody, C. C. 166; 2 East, P. C. 974; Russ. & Ry. 113; bk Phil. Ev. Index, hb. t.; Roscoe’s Cy Ev. 301. The mere showing a false instrument with intent to gain a credit, when there was no intention or atteinpt made to pass it, it seems would not amount to an uttering. Russ. & Ry. 200. Vide Ringing the change.