/ˈveɪdɪəm/ – noun
Definition: (Scot) vật thế chấp.
A more thorough explanation: In legal terms, “vadium” refers to a security or pledge given as collateral for a loan or obligation. It is a form of security interest that allows the lender to take possession of the pledged property in the event of default by the borrower.
Example: The parties agreed to include a vadium clause in the contract, requiring the buyer to provide a security deposit to secure the purchase of the property.