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GOOD BAD SERIOUS CRITICAL NEUTRAL
Living Pledge

1 definition found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

Pledge \Pledge\, noun [OF. plege, pleige, pledge, guaranty, LL. plegium, plivium; akin to OF. plevir to bail, guaranty, perhaps fr. L. praebere to proffer, offer (sc. fidem a trust, a promise of security), but cf. also E. play. [root]28. Cf. {Prebend}, {Replevin}.]

1. (Law) The transfer of possession of personal property from a debtor to a creditor as security for a debt or engagement; also, the contract created between the debtor and creditor by a thing being so delivered or deposited, forming a species of bailment; also, that which is so delivered or deposited; something put in pawn.

Note: Pledge is ordinarily confined to personal property; the title or ownership does not pass by it; possession is essential to it. In all these points it differs from a mortgage [see {Mortgage}]; and in the last, from the hypotheca of the Roman law. See {Hypotheca}. --Story. Kent.

2. (Old Eng. Law) A person who undertook, or became responsible, for another; a bail; a surety; a hostage. "I am Grumio's pledge." --Shak.

3. A hypothecation without transfer of possession.

4. Anything given or considered as a security for the performance of an act; a guarantee; as, mutual interest is the best pledge for the performance of treaties. "That voice, their liveliest pledge of hope." --Milton.

5. A promise or agreement by which one binds one's self to do, or to refrain from doing, something; especially, a solemn promise in writing to refrain from using intoxicating liquors or the like; as, to sign the pledge; the mayor had made no pledges.

6. A sentiment to which assent is given by drinking one's health; a toast; a health.

{Dead pledge}. [A translation of {LL}. mortuum vadium.] (Law) A mortgage. See {Mortgage}.

{Living pledge}. [A translation of LL. vivum vadium.] (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.

{To hold in pledge}, to keep as security.

{To put in pledge}, to pawn; to give as security.

Syn: See {Earnest}.

GOOD BAD SERIOUS CRITICAL NEUTRAL

Definitions retrieved from the Open Source DICT English and WordNet 3.0 dictionaries. Click here for database copyright information.

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PHILOSOPHY - VALUES - A SECULAR CONSTITUTION - FIRST PRINCIPLES - ETHICS - MORALS - GOALS - UNIVERSAL HUMAN RIGHTS - GOOD HEALTH, LIBERTY AND JUSTICE FOR ALL CITIZENS EVERYWHERE ON EARTH - 1. Caduceus - GOOD HEALTH - Messenger of the gods - COMPASSION - MERCY - BENEVOLENCE - BE HUMANE - BE KIND - BE GENTLE - DO NO HARM - DO NOT HATE - DO NOT FEAR - FEAR NOT - BE NOT AFRAID - CAUSE NO PAIN - BE AS PAINLESS AS POSSIBLE - CAUSE NO FEAR - DO NOT BE SCARY - DO NOT PUNISH - DO NOT MAKE THREATS - DO NOT BE COERCIVE - BE PERMISSIVE - BE TOLERANT - USE BIRTH CONTROL - PERMIT DIVORCE - EMPATHY IS CRITICAL - RESPECT FOR THE DIGNITY OF ALL HUMAN BEINGS IS CRITICAL - FREE UNIVERSAL HEALTH CARE - FREE UNIVERSAL EDUCATION - UNIVERSAL HOME OWNERSHIP 2. Golden Key - LIBERTY (SECURITY PRIVACY SAFETY) FREE WILL - TOTAL FREEDOM OF SPEECH - TOTAL FREEDOM OF THE PRESS - UNIVERSAL SPENDING AUTHORITY - PRIVATE PROPERTY - FREE LAND - THERE IS NO GOVERNMENT - A GUARANTEED LIFETIME INCOME - NOW YOU OWN YOUR HOME AND LAND - NOW YOU HAVE A GUARANTEED LIFETIME INCOME - YOU ARE SAFE AND SECURE 3. Golden Scales of JUSTICE (TRUTH FACTS EVIDENCE PROOF) EQUALITY FAIRNESS PLURALISM OPENNESS TRANSPARENCY - RESPECT THE ECOSYSTEM - BE A CRITICAL THINKER - THINK FOR YOURSELF - QUESTION AUTHORITY - ALWAYS SPEAK TRUTH TO POWER

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