Legal Definitions - impignorata

A 'reasonable person' is a legal fiction I'm pretty sure I've never met.

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Definition of impignorata

IMPIGNORATA

Impignorata is a legal term that means something has been pledged or mortgaged as security for a debt.

She had to put her car impignorata to get a loan from the bank.
The property was impignorata to secure the payment of the mortgage.

These examples illustrate how something can be used as collateral to secure a loan or debt. In both cases, the car and property were pledged as security for the loan and mortgage, respectively. If the borrower fails to repay the loan or mortgage, the lender can take possession of the pledged item.

The young man knows the rules, but the old man knows the exceptions.

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Simple Definition

Term: IMPIGNORATA

Definition: Impignorata is a legal term that means something has been given as a pledge or mortgage. This means that the item or property has been used as collateral for a loan or debt.

impetration | impignoration Read a random term: standard-setting organization

Study hard, for the well is deep, and our brains are shallow.

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A judge is a law student who marks his own examination papers.

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