What is pledge; security; bail. See Mortgage. Vadium vivum Etym: [LL.] (Law), a living pledge, which exists where an estate is granted until a debt is paid out of its proceeds called?

vadium — Pledge; security; bail. See Mortgage. Vadium vivum Etym: [LL.] (Law), a living pledge, which exists where an estate is granted until a debt is paid out of its proceeds. (Webster's 1913.)

Sources