pledge


pledge
pledge 1 /'plej/ n
1: a delivery of esp. personal property as security for a debt or other obligation; broadly: the perfection of a security interest in collateral through possession of the collateral by a creditor or other promisee
2 a: property and esp. personal property that is used as security esp. upon delivery; broadly: a security interest in collateral compare chattel mortgage at mortgage
b: a contract under which the delivery of property (as personal property) as security takes place
3 a: the state of being held as security or guaranty
property held in pledge
b: something given as security for the performance of an act
4: a binding promise to do or forbear
pledge 2 vt pledged, pledg·ing
1: to deliver or otherwise put forward as security for a debt or other obligation
pledged his car as collateral for the loan
2: to bind by a pledge
we mutually pledge to each other our lives, our fortunes and our sacred honorDeclaration of Independence
3: to assure or promise the performance or payment of
pled·gor /'ple-jər, ple-'jȯr/ or pledg·er /'ple-jər/ n

Merriam-Webster’s Dictionary of Law. . 1996.

pledge
I (binding promise) noun act of giving one's word, agreement, assurance, attestation, avowal, avowance, commitment, compact, contract, covenant, guarantee, oath, obligation, promise, promissory oath, promissum, solemn declaration, solemn word, statement on oath, undertaking, vow, warranty, word, word of honor II (security) noun collateral, deposit, earnest, earnest payment, guarantee, installment, personal security, pignus, real security, security, stake, stake money, token payment associated concepts: assignment, collateral security, pledge of securities, pledged personalty, pledged property, secured transactions III (deposit) verb bond, give as a guarantee, give as security for a debt, give as security for an obligation, give as surety, give one's signature, give security, guarantee, hypothecate, impignorate, indorse, insure, offer collateral, post, put in pawn, put up, stake IV (promise the performance of) verb assert solemnly, assure, avow, be answerable for, become bound to, bind, bind oneself, commit oneself, contract an obligation, covenant, engage solemnly, engage to give, give a guarantee, give assurance, give one's word, guarantee, make a promise, obligare, oppignerare, promise solemnly, take upon oneself, undertake, warrant, vow V index adjuration, agree (contract), agreement (contract), allegiance, assurance, assure (insure), avouch (guarantee), bail, bear (adduce), bind (obligate), binder, bond (secure a debt), charge (lien), cloud (incumbrance), commitment (responsibility), compact, contract (noun), contract (verb), covenant, coverage (insurance), deal, debenture, deposit, due, duty (obligation), guarantee, guaranty, hostage, hypothecation, insurance, lien, loan, mortgage, oath, pact, pawn, profess (avow), profession (declaration), promise, promise (vow), responsibility (accountability), specialty (contract), stipulate, subscribe (promise), undertake, undertaking (bond), undertaking (commitment), underwrite, vouch, vow, warrant (guaranty), warranty

Burton's Legal Thesaurus. . 2006


pledge
n.
(1) A promise.
(2) An object given as security for a promise, contract, debt, or other obligation.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


pledge
a security transaction applicable to chattels under which the borrower (pledgor) gives possession of the chattel to the lender (the pledgee) as security for the payment of a debt or performance of an obligation. The pledgee is entitled to hold the chattel until payment or performance and, upon failure duly to pay or perform at the proper time, to sell it. Until any such sale, however, the pledgor remains entitled to redeem it by payment or performance.

Collins dictionary of law. . 2001.


pledge
To deposit personal property as security for a personal loan of money. If the loan is not repaid when due, the personal property pledged shall be forfeit to the lender. The property is known as collateral. (See also: pawn)
Category: Personal Finance & Retirement

Nolo’s Plain-English Law Dictionary. . 2009.

pledge
A type of security: the delivery of possession of an asset as security until payment. Possession may be actual or constructive, for example, handing over the keys to the store where the pledged goods are kept. Ownership remains with the pledgor. The pledge confers on the creditor or pledgee a power of sale in the event of default.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


pledge
n. an item of property given as security for a debt or performance.

Webster's New World Law Dictionary. . 2000.


pledge
A bailment or delivery of personal property to a creditor as security for a debt or for the performance of an act.

Dictionary from West's Encyclopedia of American Law. 2005.


pledge
A bailment or delivery of personal property to a creditor as security for a debt or for the performance of an act.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

pledge
v.
   1) to deposit personal property as security for a personal loan of money. If the loan is not repaid when due, the personal property pledged shall be forfeit to the lender. The property is known as collateral. To pledge is the same as to pawn.
   2) to promise to do something.
   See also: pawn

Law dictionary. . 2013.

Synonyms:

Look at other dictionaries:

  • Pledge — Pledge, n. [OF. plege, pleige, pledge, guaranty, LL. plegium, plivium; akin to OF. plevir to bail, guaranty, perhaps fr. L. praebere to proffer, offer (sc. fidem a trust, a promise of security), but cf. also E. play. [root]28. Cf. {Prebend},… …   The Collaborative International Dictionary of English

  • Pledge — Pledge, v. t. [imp. & p. p. {Pledged}; p. pr. & vb. n. {Pledging}.] [Cf. OF. pleiger to give security. See {Pledge}, n.] 1. To deposit, as a chattel, in pledge or pawn; to leave in possession of another as security; as, to pledge one s watch.… …   The Collaborative International Dictionary of English

  • pledge# — pledge n Pledge, earnest, token, pawn, hostage are comparable when they denote something that is given or held as a sign of another s faith or intention to do what has been promised. Pledge, originally and still in some applications a technical… …   New Dictionary of Synonyms

  • pledge — [plej] n. [ME plegge < OFr pleige < ML plegium < plevium, security, warranty, infl. by Frank * pligi, liability; akin to OS plegan, to warrant] 1. the condition of being given or held as security for a contract, payment, etc. [a thing… …   English World dictionary

  • Pledge 3 — (Негомбо,Шри Ланка) Категория отеля: 4 звездочный отель Адрес: No 3, Eththukala, 11500 Него …   Каталог отелей

  • pledge — (n.) mid 14c., surety, bail, from O.Fr. plege (Fr. pleige) hostage, security, bail, probably from Frankish *plegan to guarantee, from a West Germanic root meaning have responsibility for (Cf. O.Saxon plegan vouch for, O.H.G. pflegan to care for,… …   Etymology dictionary

  • pledge — [n1] word of honor agreement, assurance, covenant, guarantee, health, oath, promise, toast, undertaking, vow, warrant, word; concepts 71,278 Ant. break pledge [n2] sign of good faith bail, bond, collateral, deposit, earnest, gage, guarantee,… …   New thesaurus

  • Pledge — [plɛdʒ] das; <aus gleichbed. engl. pledge> (veraltet) Handgeld, Unterpfand …   Das große Fremdwörterbuch

  • pledge — ► NOUN 1) a solemn promise or undertaking. 2) Law a thing that is given as security for the fulfilment of a contract or the payment of a debt and is liable to forfeiture in the event of failure. 3) (the pledge) a solemn undertaking to abstain… …   English terms dictionary

  • Pledge — (engl., spr. pledsch), Pfand; Gelübde bei Aufnahme in einen Mäßigkeits (Temperenz ) Verein …   Meyers Großes Konversations-Lexikon


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.