pledge

Definition

The transfer or delivery of property to be held as security for repayment of a debt. See pledging.

Use pledge in a sentence

You should only pledge to do something that you know you can do so you do not lose your good reputation.

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I made a pledge that I would follow the rules and work within the system to optimize my growth for the next few years.

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My company agreed to pledge securities to our supplier of steel to hold as security before we paid them for the entire shipment they sent us.

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bond for bond lending pledgor