plural of pledg

(finance) A type of loan or loan condition in which the borrower agrees with the lender not to allow any other lender or creditor to rank ahead for payment in the event of a liquidation. Such a loan is unsecured (ie. not backed by a charge over specific assets).

(US, dated) To promise to abstain from alcohol.

(transitive) To pawn; to give as security.

(law) The conveyance of an estate to another for money borrowed, to be held by him until the debt is paid out of the rents and profits.

plural of frank-pledge

(law, historical) Alternative form of frankpledge.

plural of dead pledge

plural of negative pledge

A pledge, made by a young adult, to refrain from sexual intercourse until marriage