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pledge 1 /'plej/ n1: 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 promisee2 a: property and esp. personal property that is used as security esp. upon delivery; broadly: a security interest in collateral compare chattel mortgage at mortgageb: a contract under which the delivery of property (as personal property) as security takes place3 a: the state of being held as security or guarantyproperty held in pledgeb: something given as security for the performance of an act4: a binding promise to do or forbearpledge 2 vt pledged, pledg·ing1: to deliver or otherwise put forward as security for a debt or other obligationpledged his car as collateral for the loan2: to bind by a pledgewe mutually pledge to each other our lives, our fortunes and our sacred honor — Declaration of Independence3: to assure or promise the performance or payment ofpled·gor /'ple-jər, ple-'jȯr/ or pledg·er /'ple-jər/ n
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
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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. William C. Burton. 2006
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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. Amy Hackney Blackwell. 2008.
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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. W. J. Stewart. 2001.
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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. Gerald N. Hill, Kathleen Thompson Hill. 2009.
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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. www.practicallaw.com. 2010.
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n. an item of property given as security for a debt or performance.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
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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.
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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.
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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. EdwART. 2013.
