Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

vif-gage

Read a random definition: copyright registration

A quick definition of vif-gage:

Term: VIF-GAGE

Definition: VIF-GAGE is a type of pledge or security in which an estate is granted until a debt is paid out of its proceeds. It is also known as vadium vivum or live pledge because the profits of the land are constantly paying off the debt. This is different from vadium mortuum or dead pledge, which is a mortgage where an estate is given as security by the borrower and granted to the lender in fee. If the money is not repaid at the specified time, the pledged estate would continue as the lender's. VIF-GAGE is also a term used for wages or salary.

A more thorough explanation:

Definition: Vif-gage (pronounced veef-gayj or vif-) is a term in Law French that refers to vadium vivum, which means a living pledge. It is a type of security where an estate is granted until a debt is paid out of its proceeds. The pledge is called a living pledge because the profits of the land are constantly paying off the debt.

For example, if a person borrows money and pledges their property as security, they can grant the lender the estate in fee until the debt is repaid. The lender can then collect the profits from the property until the debt is fully paid off. Once the debt is paid, the estate is returned to the borrower.

Vif-gage is also sometimes used to refer to wages or salary.

Overall, vif-gage is a legal term that describes a type of security where an estate is granted until a debt is paid off using the profits from the property.

viewpoint discrimination | vigil

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
LSD+ is ad-free, with DMs, discounts, case briefs & more.