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Pledge

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Pledge
v.The act of deposition of one's personal propert to obtain personal laon of money.Such a property is called collateral property and if the loan amount is not paid within the due date the property will be lost to repay the loan.

 


Frankpledge
From LoveToKnow 1911
FRANKPLEDGE (Lat. francum plegium), an early English institution, consisting (as defined by Stubbs) of an association for mutual security whose members, according to Hallam, ...

Pledge: The granting of physical possession of goods or personal property to a person to whom one owes a debt. The creditor holds such property as security until the debt is paid.

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.

SAFE PLEDGE, salvus-plegius. A surety given that a man shall appear upon a certain day. Bract. lib. 4, c. 1.
SAID. Before mentioned.

A pledge by the representatives to each other, of their lives, their fortunes, and their sacred honor.
The effect of this declaration was the establishment of the government of the United States as free and independent of Great Britain.
--b-- ...

A pledge that statements made are true which may be made in place of an oath if an oath is contrary to a person's religious belief or if the person has no religious belief.

"I pledge you, I pledge myself, to a new deal for the American people." In July 1932 Franklin Delano Roosevelt said these words to the delegates at the Democratic National Convention, ...

(b) to pledge it or deposit it as security;
(c) to part with it under a condition with respect to its return that the person who parts with it may be unable to perform; or ...

A written pledge issued for a fee by a bonding company to the appellant that guarantees payment if a future event happens. Bonding companies will make good up to the amount of the bond if the party fails to do what the bond guarantees.
Brief ...

A person who pledges collateral for the contract of another.
Guardian: ...

A promise that pledges nothing, because it is vague or because the promisor can choose whether or not to honor it. Such promises are not legally binding.

pignus - a pledge by which a creditor obtained possession of property. Ownership remained with the debtor, but the creditor had certain rights upon default.

Oath - A solemn pledge made under a sense of responsibility in attestation of the truth of a statement or in verification of a statement made.

guarantee
1) v. to pledge or agree to be responsible for another's debt or ...
guarantor
n. a person or entity that agrees to be responsible for another's...

they promise (upon your paying the bond premium) to stand for you in the event of your default and to pay whatever amount they pledged to the person for whom they promised to stand.

1 : a pledge to pay another's debt or to perform another's duty in case of the other's default or inadequate performance
compare letter of credit
2 : See also guarantee
3 : See also guarantor
4 : something given as security
: See also pledge ...

The defendant pays a certain portion of the bail to a bondsman, usually 10%, and may also have to pledge collateral, such as an interest in real property. The bondsman offers the bond to the court.

The person who has pledged him or herself to pay back money or perform a certain action if the principal to a contract fails, as collateral, and as part of the original contract.

Oath: Written or oral pledge by a person to keep a promise or speak the truth.
Obiter Dictum: Remark by a judge in a legal opinion that is irrelevant to the decision and does not establish precedent . Often used in the plural, dicta.

VADIUM,
contracts. A pledge, or surety. ... more
VADIUM MORTUUM,
contracts. A mortgage or dead-pledge; it is a security given by the borrower of a sum of money, by which he grants to the lender an... more ...

Oath - Written or oral pledge by a person to keep a promise or speak the truth.
Objection - Statement by an attorney taking exception to testimony or the attempted admission of evidence and opposing its consideration as evidence.

secured debt Debt backed by a mortgage, pledge of collateral, or other lien; debt for which the creditor has the right to pursue specific pledged property upon default. Examples include home mortgages, auto loans ...

Guarantor
A person who pledges collateral for the contract of another, but separately, as part of an independently contract with the obligee of the original contract. Compare with "surety."
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Hypothecate:
To mortgage or pledge without delivery of title or possession. To place or leave an item of property in the custody of another.
A B C D E F G H I J L M N O P Q R S T U V W
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Mortgage or Deed of Trust
Written pledge of real property given by the mortgagor to secure a debt. Should be recorded in the County Recorders Office.
Mortgagee
The lender of money or the receiver of the mortgage document.

Oath: Written or oral pledge by a person to keep a promise or speak the truth.

Objection: The process by which one party takes exception to some statement or procedure. An objection is either sustained (allowed) or overruled by the judge.

BAIL FORFEITURE - Order by the court that the surety pay to the court the amount of security pledged for failure of an accused to comply with the requirements of the bond.

Mortgagor - One who, having all or some part of title to property, by written instrument pledges that property for some particular purpose such as security for a debt.

oath - Attestation that a person makes that he or she will tell the truth, or a promise to fulfill a pledge. Usually prior to testifying in a court of law.

Unsecured debts -- In bankruptcy, debts such as open accounts at department stores for which the debtor has not pledged collateral to guarantee payment.
Urban - A city or town.

gɪdÊ' \ "Mortgage" or "Lien" includes deed of trust, vendor 's lien, chattel mortgage, mechanic 's, materialman 's or laborer 's lien, judgment, attachment or garnishment lien, pledge by hypothecation, and Federal or State tax liens. (CHAPTER I, Sec.

Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment.

The wife ordinarily could not make separate contracts, but if her husband refused support to her or to the children, she might pledge his credit to supply needs.

who possess citizenship at one time but later renounce that citizenship, renunciation renders those individuals aliens. Renouncing one's citizenship requires taking a formal oath of renunciation. After renouncing, such persons can either pledge ...

oath (1) any form of attestation by which a person signifies that he is bound in conscience to perform an act faithfully and truthfully; (2) a written or oral pledge to keep a promise to speak the truth.

negligence: Act or omission in reckless disregard of the consequences for the safety or property of another; more than simple carelessness or neglect. Gross negligence by an employee may justify summary dismissal.
Guarantor: Person who pledges ...

See also: Law, Person, State, Property, Right

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