VIF-GAGE

Categories: Property

Definition (1910 Edition)

Origin: French

L. Fr. In old English law. A vivum vadium or living pledge, as distinguished from a mortgage or dead pledge. Properly, an estate given as security for a debt, the debt to be satisfied out of the rents, issues, and profits.

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.