Bailment vs. Pledge
Bailmentnoun
(obsolete) Bail.
Bailmentnoun
(legal) The handing over of control over, or possession of, personal property by one person, the bailor, to another, the bailee, for a specific purpose upon which the parties have agreed.
Bailmentnoun
The action of bailing a person accused.
Bailmentnoun
A delivery of goods or money by one person to another in trust, for some special purpose, upon a contract, expressed or implied, that the trust shall be faithfully executed.
Bailmentnoun
the delivery of personal property in trust by the bailor to the bailee
Bailment
Bailment is a legal relationship in common law, where the owner transfers physical possession of personal property () for a time, but retains ownership. The owner who surrenders custody to a property is called the and the individual who accepts the property is called a .
Pledgeverb
To make a solemn promise (to do something).
Pledgeverb
To deposit something as a security; to pawn.
Pledgeverb
(transitive) To give assurance of friendship by the act of drinking; to drink to one's health.
Pledgenoun
A solemn promise to do something.
Pledgenoun
Something given by a person who is borrowing money etc to the person he has borrowed it from, to be kept until the money etc is returned.
Pledgenoun
A person who has taken a pledge of allegiance to a college fraternity, but is not yet formally approved.
Pledgenoun
A security to guarantee payment of a debt.
Pledgenoun
A drinking toast.
Pledgenoun
}} A promise to abstain from drinking alcohol.
Pledgenoun
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.
Pledgenoun
A person who undertook, or became responsible, for another; a bail; a surety; a hostage.
Pledgenoun
A hypothecation without transfer of possession.
Pledgenoun
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.
Pledgenoun
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.
Pledgenoun
A sentiment to which assent is given by drinking one's health; a toast; a health.
Pledgeverb
To deposit, as a chattel, in pledge or pawn; to leave in possession of another as security; as, to pledge one's watch.
Pledgeverb
To give or pass as a security; to guarantee; to engage; to plight; as, to pledge one's word and honor.
Pledgeverb
To secure performance of, as by a pledge.
Pledgeverb
To bind or engage by promise or declaration; to engage solemnly; as, to pledge one's self.
Pledgeverb
To invite another to drink, by drinking of the cup first, and then handing it to him, as a pledge of good will; hence, to drink the health of; to toast.
Pledgenoun
a deposit of personal property as security for a debt;
Pledgenoun
someone accepted for membership but not yet fully admitted to the group
Pledgenoun
a drink in honor of or to the health of a person or event
Pledgenoun
a binding commitment to do or give or refrain from something;
Pledgeverb
promise solemnly and formally;
Pledgeverb
pay (an amount of money) as a contribution to a charity or service, especially at regular intervals;
Pledgeverb
propose a toast to;
Pledgeverb
give as a guarantee;
Pledgeverb
bind or secure by a pledge;
Pledgenoun
a solemn promise or undertaking
Pledgenoun
a promise of a donation to charity
Pledgenoun
a solemn undertaking to abstain from alcohol
Pledgenoun
a thing that is given as security for the fulfilment of a contract or the payment of a debt and is liable to forfeiture in the event of failure
Pledgenoun
a thing given as a token of love, favour, or loyalty
Pledgenoun
the drinking of a person's health; a toast.
Pledgeverb
commit (a person or organization) by a solemn promise
Pledgeverb
formally declare or promise that something is or will be the case
Pledgeverb
solemnly undertake to do something
Pledgeverb
undertake formally to give
Pledgeverb
give as security on a loan
Pledgeverb
drink to the health of
