pledge

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. The difference between a pignus and a hypothecation consisted in this: in the former, the possession of the thing pledged passed to the pledgee; in the latter, it did not. 41 Am J1st Pldg & Col § 2.

Ballentine's law dictionary. . 1998.

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  • 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

  • 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

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