Definitions (2)
Related Terms
1. Cash deposit or placing of owned property by a debtor (the pledger) to a creditor (the pledgee) as a security for a loan or obligation. The pledgee has an implied right to confiscate and/or sell the pledged property to satisfy his or her claim in case of a default.
2. Property so deposited.

Use 'pledge' in a Sentence

I made a pledge that I would always put my wife over anything else, to ensure that she was happy and free.
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When you take out a loan you may have to put up something valuable to you as a pledge in case you can't pay it off.
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I had the gentleman verify his authenticity by making a pledge to us as we trusted him but needed verification.
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