Pignus

Pignus, or Pledge, is a loan for security in Roman law of contract. It is commonly used as extra security when a debt exists.
==Rights of the Pledgor==
*Pay for the expenses in keeping the thing
==Rights of the Plegee==
*Sell the item if debt is not repaid / the main contract fails.
*Give back the thing if the debt is paid.
*Not use the thing.
*Take "Quite Good" care of that thing (a fairly high standard, that of a responsible person).
Category:Roman Contracts