pledge


pledge
I. pledge pledge 1 [pledʒ] noun [countable]
1. JOURNALISM a formal, usually public, promise that you will do something:

• the President's pledge to make employment his priority

2. LAW FINANCE something that you offer as security (= an asset that lenders can take if you do not repay) when you borrow money:

• He may have given the painting to someone as a pledge to secure a loan.

  [m0] II. pledge pledge 2 verb [transitive]
1. JOURNALISM to make a formal, usually public, promise that you will do something:

• Several national charities have pledged money to build the centre.

pledge to do something

• The government pledged to draw up a program for growth and employment.

2. LAW FINANCE when you borrow money, to offer something you own as security (= something that lenders have a right to take and sell if you do not repay):

• He will pledge virtually all of his assets, including his personal residences, to secure his borrowings.

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Ⅰ.
pledge UK US /pledʒ/ verb [T]
to make a formal promise to do something: pledge to do sth »

The UK chief executive has pledged to slash costs by £150m a year by 2014.

pledge $32m/£100,000, etc. to/for sth »

EU leaders pledged $1.2 billion to the region over the next 18 months.

pledge that sth »

He pledged that a reduction in the burden of taxation will become the central economic objective of the government.

LAW to give something valuable to a person or organization that has lent you money, which they can keep if you fail to pay back the loan: pledge sth as collateral/security »

Shares are frequently pledged as collateral for loans.

Ⅱ.
pledge UK US /pledʒ/ noun [C]
a formal promise to do something: »

a campaign/election/manifesto pledge

a pledge to do sth »

Analysts warn that OPEC's pledge to ramp up oil production in order to ease record crude prices will not have the desired effect.

make/honour/sign a pledge »

Campaigners have accused Congress of failing to honour its US funding pledges.

a pledge that sth »

Their goal of increasing electricity production from renewables by 40% has been reinforced by a pledge that they will not support further development of nuclear power.

LAW something valuable that is given to a person or organization that has lent you money, which they can keep if you fail to pay back the loan: »

Serious financial irregularities took place, including the pledge of already paid-for securities.


Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • 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