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PIGNORATITIA ACTIO

Categories: Commercial Law

Definition (1910 Edition)

Origin: Civil Law

Lat. In the ‘civil law. An action of pledge, or founded on a pledge, which was either directa, for the debtor, after ‘payment of the debt, or con- ctraria, for the creditor. Heinece. Elem. lib, 3, tit. 13, §§ 824-826.
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain. UK commentary and modern updates are original additions. This entry is for educational reference only and does not constitute legal advice.