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pledge |
4 definitions found From Webster's Revised Unabridged Dictionary (1913) [web1913]: 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}, {Replevin}.] 1. (Law) The transfer of possession of personal property from a debtor to a creditor as security for a debt or engagement; also the contract created between the debtor and creditor by a thing being so delivered or deposited, forming a species of bailment; also that which is so delivered or deposited; something put in pawn. Note: Pledge is ordinarily confined to personal property; the title or ownership does not pass by it possession is essential to it In all these points it differs from a mortgage [see {Mortgage}]; and in the last from the hypotheca of the Roman law. See {Hypotheca}. --Story. Kent. 2. (Old Eng. Law) A person who undertook, or became responsible, for another; a bail; a surety; a hostage. ``I am Grumio's pledge.'' --Shak. 3. A hypothecation without transfer of possession. 4. Anything given or considered as a security for the performance of an act a guarantee; as mutual interest is the best pledge for the performance of treaties. ``That voice, their liveliest pledge of hope.'' --Milton. 5. A promise or agreement by which one binds one's self to do or to refrain from doing something especially, a solemn promise in writing to refrain from using intoxicating liquors or the like as to sign the pledge; the mayor had made no pledges. From Webster's Revised Unabridged Dictionary (1913) [web1913]: 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. 2. To give or pass as a security; to guarantee; to engage; to plight; as to pledge one's word and honor. We mutually pledge to each other our lives, our fortunes, and our sacred honor. --The Declaration of Independence. 3. To secure performance of as by a pledge. [Obs.] To pledge my vow, I give my hand. --Shak. 4. To bind or engage by promise or declaration; to engage solemnly; as to pledge one's self 5. To invite another to drink, by drinking of the cup first and then handing it to him as a pledge of good will hence to drink the health of to toast. Pledge me my friend, and drink till thou be'st wise. --Cowley. From WordNet r 1.6 [wn]: pledge n 1: a deposit of personal property as security for a debt; "his saxophone was in pledge" 2: someone accepted for membership but not yet fully admitted to the group 3: a drink in honor of or to the health of a person or event [syn: {toast}] 4: a binding commitment to do or give or refrain from something: "an assurance of help when needed"; "signed a pledge never to reveal the secret" [syn: {assurance}] v 1: promise solemnly and formally [syn: {plight}] 2: propose a toast to "Let us toast the birthday girl!" "Let's drink to the New Year" [syn: {toast}, {drink}, {salute}] 3: give as a guarantee; "I pledge my honor" 4: bind or secure by a pledge From Easton's 1897 Bible Dictionary [easton]: Pledge See {LOAN}.
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