Fieri Feci - Definition - Law Dictionary Home Dictionary Definition fieri-feci

Definition :

Fiducia. If a man transferred his property to another, on condition that it should be restored to him, this contract was called fiducia, and the person to whom the property was so transferred was said fiduciam accipere, Cic. Top. 10. A man might transfer his property to another for greater security in time of danger, or for other sufficient reasons, Gaius, ii. 60.

An early form of mortgage or pledge in which debtor passed title to property to creditors by a formal act of sale, yet with express or implied agreement that the creditor would reconvey property once debt was paid, Black's Law Dictionary, 7th Edn., p. 640.