Dictionary

1pledge

noun \ˈplej\

: a serious promise or agreement

: a promise to give money

: something that you leave with another person as a way to show that you will keep your promise

Full 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

  1. He has promised to fulfill a campaign pledge to cut taxes.
  2. To make a pledge or donation, please call the charity's office.
  3. The company has made a pledge of over $3,000.
  4. 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

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

Rhymes with PLEDGE

2pledge

verb

: to formally promise to give or do (something)

: to cause (someone) to formally promise something

: to give (something) as a way to show that you will keep your promise to someone

pledgedpledg·ing

Full Definition of PLEDGE

transitive verb
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-ˈjr\ noun

Examples of PLEDGE

  1. Her family pledged $100,000 toward the construction of a new school.
  2. He called to pledge money to the charity.
  3. Every morning, we pledge allegiance to the flag.
  4. teenagers who have pledged not to start smoking
  5. During his campaign, he pledged that he would not raise taxes.
  6. The chefs are pledged to keep the restaurant's special recipe a secret.
  7. He pledged his paintings as collateral for a loan.

First Known Use of PLEDGE

15th century

Related to PLEDGE

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

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