vadium
vadium (vay-dee-[schwa]m), n. [Law Latin “pledge, bail, security”] Hist. 1. Security by a pledge of property. vadium mortuum (vay-dee-[schwa]m mor-choo-[schwa]m). [Law Latin “dead pledge”] A mortgage. • This was considered a “dead pledge” because an estate was given as security by the borrower, who granted to the lender the estate in fee, on the condition […]