Dead pledge

Dead pledge
Pledge Pledge, n. [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. [1913 Webster]

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. [1913 Webster]

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. [1913 Webster]

3. A hypothecation without transfer of possession. [1913 Webster]

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. [1913 Webster]

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. [1913 Webster] [1913 Webster]

6. A sentiment to which assent is given by drinking one's health; a toast; a health. [1913 Webster]

{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. [1913 Webster]

Syn: See {Earnest}. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

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Look at other dictionaries:

  • Dead pledge — Dead Dead (d[e^]d), a. [OE. ded, dead, deed, AS. de[ a]d; akin to OS. d[=o]d, D. dood, G. todt, tot, Icel. dau[eth]r, Sw. & Dan. d[ o]d, Goth. daubs; prop. p. p. of an old verb meaning to die. See {Die}, and cf. {Death}.] 1. Deprived of life;… …   The Collaborative International Dictionary of English

  • dead pledge — A mortgage; the property mortgaged. It was called a dead pledge because the rents and profits of it did not go toward the discharge or payment of it. Hence, it yielded nothing to the mortgagee and was, in that sense, dead …   Ballentine's law dictionary

  • dead-pledge — A mortgage, mortuum vadium …   Black's law dictionary

  • dead-pledge — A mortgage, mortuum vadium …   Black's law dictionary

  • dead pledge — noun : mortgage …   Useful english dictionary

  • estate in dead pledge — See dead pledge …   Ballentine's law dictionary

  • Pledge — Pledge, n. [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},… …   The Collaborative International Dictionary of English

  • Dead — (d[e^]d), a. [OE. ded, dead, deed, AS. de[ a]d; akin to OS. d[=o]d, D. dood, G. todt, tot, Icel. dau[eth]r, Sw. & Dan. d[ o]d, Goth. daubs; prop. p. p. of an old verb meaning to die. See {Die}, and cf. {Death}.] 1. Deprived of life; opposed to… …   The Collaborative International Dictionary of English

  • Dead ahead — Dead Dead (d[e^]d), a. [OE. ded, dead, deed, AS. de[ a]d; akin to OS. d[=o]d, D. dood, G. todt, tot, Icel. dau[eth]r, Sw. & Dan. d[ o]d, Goth. daubs; prop. p. p. of an old verb meaning to die. See {Die}, and cf. {Death}.] 1. Deprived of life;… …   The Collaborative International Dictionary of English

  • Dead angle — Dead Dead (d[e^]d), a. [OE. ded, dead, deed, AS. de[ a]d; akin to OS. d[=o]d, D. dood, G. todt, tot, Icel. dau[eth]r, Sw. & Dan. d[ o]d, Goth. daubs; prop. p. p. of an old verb meaning to die. See {Die}, and cf. {Death}.] 1. Deprived of life;… …   The Collaborative International Dictionary of English

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