pled etymology

Etymology:

The word "pled" originates from the Middle English word "plegge," which in turn comes from the Old English word "pleg," meaning "security" or "guarantee."

Meaning and Origin:

In legal and financial contexts, a "pled" refers to a valuable item or property that is deposited with a creditor as a form of security for a debt or obligation. The creditor has the right to hold the pledged item until the debt is repaid.

In historical usage, the term "pled" could also refer to:

• A promise or oath by a person to fulfill an obligation.
• A hostage or person held as security for the performance of an agreement.
• A person or group of people who guaranteed the payment of a debt or obligation.

Over time, the meaning of "pled" has evolved to focus specifically on the idea of a valuable item used as security for a debt. This usage is common in financial and legal transactions, such as:

• Pledging collateral for a loan.
• Pledging assets as security for a bond issuance.
• Pledging jewelry to a pawnbroker for a short-term loan.

In these contexts, the pled serves as a guarantee that the borrower will repay the debt or fulfill the obligation, and the creditor has the right to seize and sell the pledged item if the terms of the agreement are not met.

pled relate terms

• plead

  Etymology Middle English plede from Anglo Norman French plaider from Latin placitār

• please

  Etymology Etymology is the study of the origin and development of words and their meaning

• pleading

  Etymology The word pleading originates from the Latin word placitum meaning a thing

• entreat

  Etymology Middle English entreter from Old French entreter entraiter from Medieval

• appeal

  Etymology The word appeal comes from the Latin word appellare which means to call

• press

  Etymology The word press originates from the Old French word presse which in turn c

• pedal

  Etymology The word pedal comes from the Latin word pedalis which means of the foot

• demur

  Etymology The word demur comes from the Old French word demurer which means to dela

• adjure

  Etymology Old French ajorer Latin adjurare Proto Indo European ad dʰeh₁ dʰeh

• implore

  Etymology Old French emplorer Latin implorare Proto Indo European root pleh₂ t

• justify

  Etymology Etymology is the study of the origin of words and their historical development

• pray

  Etymology The word pray originates from the Old English word gebed which in turn com

• conjure

  Etymology Latin conjuro meaning to swear to bind by oath Proto Indo European root