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A pledge is a bailment that conveys title to property owned by a debtor (the pledgor) to a creditor (the pledgee) to secure repayment for some debt or obligation and to the mutual benefit of both parties. [1] [2] The term is also used to denote the property which constitutes the security. [3] The pledge is a type of security interest.
Pledge (brand), a cleaning product by S. C. Johnson & Son; Pledge (law), a type of legal relationship; a prospective member of a fraternity or sorority; H.S. Pledge & Sons Ltd, a milling business; Thomas Frederick de Pledge (1867–1954), Australian pioneer and pastoralist; Pledge, a maze-solving algorithm
An oath of fealty, from the Latin fidelitas (faithfulness), is a pledge of allegiance of one person to another. ... A Dictionary of Medieval Terms & Phrases ...
The Pledge of Allegiance is a patriotic recited verse that promises allegiance to the flag of the United States and the republic of the United States of America.
See also pledge pin. Bid – an offer to become a pledge (see below) of a fraternity or sorority. [116] Blacklist – an official or unofficial list of people not allowed inside the house or to any events of the fraternity or sorority. Blackballed – in this context used as a definition of expelling from a community or group. This means that a ...
In Australia, negative pledge lending took off after a substantial deal by Pioneer Concrete in 1978. [1] It was a new way of lending, which allowed the banks to lend to corporations, something previously the domain of life insurers. Negative pledge clauses are almost universal in modern unsecured commercial loan documents.
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The Sussex Pledge was a promise made by Germany to the United States in 1916, during World War I before the latter entered World War I. After the Arabic incident , the Germans had promised that attacks on passenger ships would cease.