pignorative contract

pignorative contract
/pignareytav kontrsekt/
In the civil law, a contract of pledge, hypothecation, or mortgage of realty. In such contract the nominal vendor continues to be the owner and the nominal purchaser has only a pledge or mortgage for his debt which he must enforce in the usual way. Jackson v. Golson, La.App., 91 So.2d 394, 399

Black's law dictionary. . 1990.

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Look at other dictionaries:

  • pignorative contract — A contract of pledge …   Ballentine's law dictionary

  • pignoratif — pignoratif, ive [ pignɔratif, iv ] adj. • 1567; du lat. pignorare « engager », de pignus « gage » ♦ Dr. Qui a trait au contrat de gage. Contrat pignoratif : prêt fait sous la forme d une vente à réméré. ● pignoratif, pignorative adjectif (latin… …   Encyclopédie Universelle

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