/ɪˈliːdʒɪt/ – noun
Definition: lệnh của tòa án chuyển giao cho chủ nợ bất động sản của con nợ cho đến khi trả hết nợ.
A more thorough explanation: Elegit is a legal term that refers to a type of security interest in real property. It is a form of security interest that allows a creditor to take possession of a debtor’s land if the debtor fails to repay a debt. The creditor is entitled to receive the rents and profits from the land until the debt is repaid.
Example: The plaintiff elected to take an elegit against the defendant’s property as a form of security for the debt owed.