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Loan agreements are documented via their commitment letters, agreements that reflect the understandings reached between the involved parties, a promissory note, and a collateral agreement (such as a mortgage or a personal guarantee). Loan agreements offered by regulated banks are different from those that are offered by finance companies in ...
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.
Before concluding a credit agreement, the credit provider must give to the consumer, free of charge, a statement and quotation in the form prescribed by the Regulations (Form 20 to the Regulations, in the case of small credit agreements). No agreement is entered into at this stage; the consumer does not have to sign anything or pay any fee.
The National Union of Students (NUS) "Vote for Students" pledge is a pledge in the UK to vote against tuition fee increases that was signed by over 1,000 candidates standing in the general election in 2010, notably including a large number of Labour Party MPs, who had introduced the fees in 1998 and all 57 subsequently elected Liberal Democrat MPs.
A loyalty oath is a pledge of allegiance to an organization, institution, or state of which an individual is a member. In the United States, such an oath has often indicated that the affiant has not been a member of a particular organization or organizations mentioned in the oath. The U.S. Supreme Court allows the oath to be a form of legal ...
The word is a Law French term meaning "dead pledge," originally only referring to the Welsh mortgage (see below), but in the later Middle Ages was applied to all gages and reinterpreted by folk etymology to mean that the pledge ends (dies) either when the obligation is fulfilled or the property is taken through foreclosure. [1]
At other institutions, pledge signers wear green ribbons or green tassels at commencement to signify their commitment (some schools use a different color of ribbon). At Bentley University the pledge is a "capstone" of its four-year Civic Leadership Program, [ 2 ] and at Humboldt State University, the student government funds a student pledge ...
The "promise", in sociology and society, as discussed by C. Wright Mills [15] and others is the ideological impression or commitment our society makes to us, and the commitment we make to our society in return for prosperity. The best or most popular example of this is the American Dream.
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