contract of pledge
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pledge — A bailment of personal property as security for a debt or obligation, redeemable upon terms and with the implied power of sale on default. 41 Am J1st Pldg & Col § 2. The Roman name applicable to a contract of pledge or pawn was pignus or vadium.… … Ballentine's law dictionary
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… … Law dictionary
contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… … Law dictionary
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 — 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 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
contract — [n] agreement, deal arrangement, bargain, bond, commission, commitment, compact, concordat, convention, covenant, deposition, dicker*, engagement, evidence, guarantee, handshake*, indenture, liability, mise, obligation, pact, paper, pledge,… … New thesaurus
Contract — • The canonical and moralist doctrine on this subject is a development of that contained in the Roman civil law. In civil law, a contract is defined as the union of several persons in a coincident expression of will by which their legal relations … Catholic encyclopedia
contract — n Contract, bargain, compact, pact, treaty, entente, convention, cartel, concordat designate an agreement reached after negotiation and ending in an exchange of promises between the parties concerned. Contract applies especially to a formal… … New Dictionary of Synonyms
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
