antichresis

1 definition found

antichresis - Bouvier's Law Dictionary, Revised 6th Ed (1856) :

  ANTICHRESIS, contracts. A word used in the civil law to denote the contract
  by which a creditor acquires the right of reaping the fruit or other
  revenues of the immovables given to him in pledge, on condition of
  deducting, annually, their proceeds from the interest, if any is due to him,
  and afterwards from the principal of his debt. Louis. Code, art. 3143 Dict.
  de Juris. Antichrese, Mortgage; Code Civ. 2085. Dig. 13, 7, 7 ; 4, 24, 1
  Code, 8, 28, 1.