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The Collaborative International Dictionary
Vadium vivum

Vadium \Va"di*um\, n. [LL., from L. vas, vadis, bail.] (Law) Pledge; security; bail. See Mortgage.

Vadium vivum [LL.] (Law), a living pledge, which exists where an estate is granted until a debt is paid out of its proceeds.

Wiktionary
vadium vivum

n. (context legal English) (context legal English) A living pledge, which exists where an estate is granted until a debt is paid out of its proceeds.