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Simple English definitions for legal terms
impignorata
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A quick definition of impignorata:
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.
A more thorough explanation:
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.