Glossary

Peculiar- not usual or normal

Pledge- a serious promise or agreement

Mortgage- legal agreement in which a person borrows money to buy property (such as a house) and pays back the money over a period of years

Commodatum- is a gratuitous contract whereby one of the parties delivers to another something not consumable so that the latter may use the same for a certain time and return it
Depositum-  a deposit is constituted from the moment a person receives a thing belonging to another with the obligation of safely keeping it and of returning the same

Lease- a legal agreement that lets someone use a car, house, etc., for a period of time in return for payment

Onerous- involving, imposing, or constituting a burden; having legal obligations that outweigh the advantages

Remunerative- paying a lot of money

Gratuitous- not involving a return benefit, compensation or consideration

Commutative-is where there is mutual exchange of relative values as in lease, for the use of the thing leased is equivalent to the rental paid; or in sale for the price paid is equivalent to the value of the thing sold

Aleatory- is where the element of risk dependent on chance is predominant as in insurance; Gambling and betting

Annuity- a sum of money payable yearly or at other regular intervals

Nominados- contracts with special names or designations in the Civil Code

Inominados- are recognized in the Civil Code but they do not have special designation