Understanding Pignus: The Medieval Concept of Collateral

Pignus is a Latin word that means "pledge" or "security". In the context of medieval law, pignus was used to describe the collateral or security that a borrower provided to a lender as a guarantee of repayment. This could take the form of land, livestock, or other assets that the borrower owned and could use as collateral for the loan.

In modern legal usage, the term "pignus" is not commonly used, but the concept of providing collateral as a condition of borrowing remains an important part of many loan agreements.

I like this

I dislike this

Report a content error

Share

Report a content error

Thank you! Your form was successfully submitted.

We apologize! Your form could not be submitted. Please try again later.

Submit reports

Share

• 
• 
• 
• 
• 
• 
• 
• 
•