pledge
1pledge
noun \ˈplej\Definition of PLEDGE
1
a : a bailment of a chattel as security for a debt or other obligation without involving transfer of title b : the chattel so delivered c : the contract incidental to such a bailment
2
a : the state of being held as a security or guaranty b : something given as security for the performance of an act
3
: a token, sign, or earnest of something else
4
: a gage of battle
5
: toast 3
6
a : a binding promise or agreement to do or forbear b (1) : a promise to join a fraternity, sorority, or secret society (2) : a person who has so promised
Examples of PLEDGE
- He has promised to fulfill a campaign pledge to cut taxes.
- To make a pledge or donation, please call the charity's office.
- The company has made a pledge of over $3,000.
- He left his car as a pledge that he would return with the money.
Origin of PLEDGE
Middle English plegge security, from Anglo-French plege, from Late Latin plebium, from *plebere to pledge, probably of Germanic origin; akin to Old High German pflegan to take care of — more at plight
First Known Use: 14th century
Other Economics Terms
2pledge
transitive verbpledgedpledg·ing
Definition of PLEDGE
1
: to make a pledge of; especially : pawn
2
: to drink to the health of
3
: to bind by a pledge
4
: to promise the performance of by a pledge
— pledg·er \ˈple-jər\ or pled·gor \ˈple-jər, ple-ˈjȯr\ noun
Examples of PLEDGE
- Her family pledged $100,000 toward the construction of a new school.
- He called to pledge money to the charity.
- Every morning, we pledge allegiance to the flag.
- teenagers who have pledged not to start smoking
- During his campaign, he pledged that he would not raise taxes.
- The chefs are pledged to keep the restaurant's special recipe a secret.
- He pledged his paintings as collateral for a loan.
First Known Use of PLEDGE
15th century
Other Economics Terms
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