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pledge


2pledge

verb
pledgedpledg·ing

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

Other Economics Terms

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

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