Definition

A type of security or collateral given to ensure the fulfillment of a debt or obligation, often in the form of a pledge or pawn.

Example

He offered his watch as a pignus to secure the loan.

Conversation

Have you ever heard about the concept of pignus in finance?

No, I haven't! What's that about?

It's basically a type of pledge or pawn used as security for a loan.

That sounds interesting! I should look into it more.

Synonyms & Antonyms

Root Explanation

Pignus is a Latin word meaning pledge or security, derived from the root "pignus" (meaning pledge or pawn). It refers to something given as a guarantee for a loan or obligation.

Memory Tip

Think of a 'pledge' or 'pawn' when you remember 'pignus' — it signifies something given as security.

Visually Confused Words