Definitions
from The Century Dictionary.
- noun In civil law, an agreement by which the debtor gives his creditor the use of land or (formerly) slaves, in order thereby to pay the interest and principal of his debt.
Etymologies
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Examples
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In perception of fruits the severance or taking of revenue might be by the owner or by another, as by the usufructuary, the lessee (in locatio-conductio), by the creditor (in antichresis), and by the possessor in good faith.
The Catholic Encyclopedia, Volume 9: Laprade-Mass Liturgy 1840-1916 1913
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In antichresis the creditor was placed in possession of the immoveables and obliged to pay, first, his interests and charges, and then to deduct from the principal debt whatever he received as revenue.
The Catholic Encyclopedia, Volume 9: Laprade-Mass Liturgy 1840-1916 1913
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By the _pactum antichresis_, the creditor was allowed to take the profits in lieu of the interest on his debt; by the _lex commissoria_, the thing pledged became the absolute property of the creditor if the debt was not paid at the time agreed on.
The Old Roman World, : the Grandeur and Failure of Its Civilization. John Lord 1852
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a fiduciary pact without means of enforcement, and the title passed to the pledge creditor; later, it took the form of pignus, or pledge proper, whereby the creditor was placed in possession of a moveable with certain duties towards the debtor; a form of the same contract was extended to immoveables, and this was known as antichresis.
The Catholic Encyclopedia, Volume 9: Laprade-Mass Liturgy 1840-1916 1913
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