- pledge of rents and profits
- Broadening the security of a mortgage by including rents and profits of the mortgaged real estate. 36 Am J1st Mtg § 36.
Ballentine's law dictionary. Anderson, W.S.. 1998.
pledge of rents and profits
Look at other dictionaries:
Pledge — Pledge, n. [OF. plege, pleige, pledge, guaranty, LL. plegium, plivium; akin to OF. plevir to bail, guaranty, perhaps fr. L. praebere to proffer, offer (sc. fidem a trust, a promise of security), but cf. also E. play. [root]28. Cf. {Prebend},… … The Collaborative International Dictionary of English
Dead pledge — Pledge Pledge, n. [OF. plege, pleige, pledge, guaranty, LL. plegium, plivium; akin to OF. plevir to bail, guaranty, perhaps fr. L. praebere to proffer, offer (sc. fidem a trust, a promise of security), but cf. also E. play. [root]28. Cf.… … The Collaborative International Dictionary of English
Living pledge — Pledge Pledge, n. [OF. plege, pleige, pledge, guaranty, LL. plegium, plivium; akin to OF. plevir to bail, guaranty, perhaps fr. L. praebere to proffer, offer (sc. fidem a trust, a promise of security), but cf. also E. play. [root]28. Cf.… … The Collaborative International Dictionary of English
To hold in pledge — Pledge Pledge, n. [OF. plege, pleige, pledge, guaranty, LL. plegium, plivium; akin to OF. plevir to bail, guaranty, perhaps fr. L. praebere to proffer, offer (sc. fidem a trust, a promise of security), but cf. also E. play. [root]28. Cf.… … The Collaborative International Dictionary of English
To put in pledge — Pledge Pledge, n. [OF. plege, pleige, pledge, guaranty, LL. plegium, plivium; akin to OF. plevir to bail, guaranty, perhaps fr. L. praebere to proffer, offer (sc. fidem a trust, a promise of security), but cf. also E. play. [root]28. Cf.… … The Collaborative International Dictionary of English
dead pledge — A mortgage; the property mortgaged. It was called a dead pledge because the rents and profits of it did not go toward the discharge or payment of it. Hence, it yielded nothing to the mortgagee and was, in that sense, dead … Ballentine's law dictionary
living pledge — An estate which arises when a person borrows a specific sum and grants property to the lender to hold until the rents and profits shall repay the sum so borrowed, whereupon the property reverts to the borrower. Spect v Spect, 88 Cal 437, 26 F 203 … Ballentine's law dictionary
living pledge — noun : the transfer of possession of an estate to a lender to be held by him until the debt is paid out of the rents and profits compare mortgage … Useful english dictionary
United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… … Universalium
France — /frans, frahns/; Fr. /frddahonns/, n. 1. Anatole /ann nann tawl /, (Jacques Anatole Thibault), 1844 1924, French novelist and essayist: Nobel prize 1921. 2. a republic in W Europe. 58,470,421; 212,736 sq. mi. (550,985 sq. km). Cap.: Paris. 3.… … Universalium
