From Wikipedia, the free encyclopedia

An Older Use of the Term

The phrase "dead capital" appears in a Harvard Law Review article from 1890 in the following sentence: "The word 'mortgage' -- dead pledge, -- was used precisely as we use the phrases, 'dead capital' and 'dead investment.' Land in the possession of a pledgee upon these terms was dead; it gave no return to the owner." H.W. Chaplin, The Story of Mortgage Law, 4 Harv. L. Rev. 1, 8 (1890). I am curious if this old use of the term is indeed a different meaning from the one used by Mr. de Soto. — Preceding unsigned comment added by 24.176.54.192 ( talk) 10:40, 13 February 2015 (UTC) reply

From Wikipedia, the free encyclopedia

An Older Use of the Term

The phrase "dead capital" appears in a Harvard Law Review article from 1890 in the following sentence: "The word 'mortgage' -- dead pledge, -- was used precisely as we use the phrases, 'dead capital' and 'dead investment.' Land in the possession of a pledgee upon these terms was dead; it gave no return to the owner." H.W. Chaplin, The Story of Mortgage Law, 4 Harv. L. Rev. 1, 8 (1890). I am curious if this old use of the term is indeed a different meaning from the one used by Mr. de Soto. — Preceding unsigned comment added by 24.176.54.192 ( talk) 10:40, 13 February 2015 (UTC) reply


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