Services & Resources Legal Dictionary
 

Search Legal Terms and Definitions

Browse:  A B C D E F G H I J K L M N O P Q R S T U V W Y Z
     
Enter a Legal Term

Search the Definitions

SELECT A WORD TO VIEW THE COMPLETE DEFINITION:
pledge
v. to deposit personal property as security for a personal loan of money. If the loan is not repaid when due, the personal property pledged shall be forfeit to the lender. The property is known as collateral. To pledge is the same as to pawn. 2) to promise to do something.



The People's Law Dictionary by Gerald and Kathleen Hill Publisher Fine Communications