Pledge vs. Mortgage

Difference Between Pledge and Mortgage
Pledge➦
a solemn promise or undertaking
the conference ended with a joint pledge to limit pollution
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Mortgage➦
a legal agreement by which a bank, building society, etc. lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt
I put down a hundred thousand in cash and took out a mortgage for the rest
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Pledge➦
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
he had given the object as a pledge to a creditor
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Mortgage➦
convey (a property) to a creditor as security on a loan
the estate was mortgaged up to the hilt
a heavily mortgaged farm
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Pledge➦
the drinking of a person's health; a toast.
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Mortgage➦
A loan for the purchase of real property, secured by a lien on the property.
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Pledge➦
commit (a person or organization) by a solemn promise
the government pledged itself to deal with environmental problems
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Mortgage➦
The document specifying the terms and conditions of the repayment of such a loan.
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Pledge➦
give as security on a loan
the creditor to whom the land is pledged
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Mortgage➦
The repayment obligation associated with such a loan
a family who cannot afford their mortgage.
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Pledge➦
drink to the health of
in his hand a sculptured goblet, as he pledged the merchant kings
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Mortgage➦
The right to payment associated with such a loan
a bank that buys mortgages from originators.
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Pledge➦
A solemn binding promise to do, give, or refrain from doing something
signed a pledge never to reveal the secret.
a pledge of money to a charity.
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Mortgage➦
The lien on the property associated with such a loan.
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Pledge➦
Something given or held as security to guarantee payment of a debt or fulfillment of an obligation.
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Mortgage➦
To pledge (real property) as the security for a loan.
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Pledge➦
The condition of something thus given or held
put an article in pledge.
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Mortgage➦
To make subject to a claim or risk; pledge against a doubtful outcome
mortgaged their political careers by taking an unpopular stand.
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Pledge➦
Delivery of goods or personal property as security for a debt or obligation
a loan requiring a pledge of property.
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Mortgage➦
(legal) A special form of secured loan where the purpose of the loan must be specified to the lender, to purchase assets that must be fixed (not movable) property, such as a house or piece of farm land. The assets are registered as the legal property of the borrower but the lender can seize them and dispose of them if they are not satisfied with the manner in which the repayment of the loan is conducted by the borrower. Once the loan is fully repaid, the lender loses this right of seizure and the assets are then deemed to be unencumbered.
We're renting a property in the city centre because we can't afford to get a mortgage yet.
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Pledge➦
The contract or transaction stipulating or involving such delivery.
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Mortgage➦
(obsolete) State of being pledged.
lands given in mortgage
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Pledge➦
A token or sign
"fair pledges of a fruitful tree" (Robert Herrick).
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Mortgage➦
To borrow against a property, to obtain a loan for another purpose by giving away the right of seizure to the lender over a fixed property such as a house or piece of land; to pledge a property in order to get a loan.
to mortgage a property, an estate, or a shop
We mortgaged our house in order to start a company.
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Pledge➦
A person who has been accepted for membership in a fraternity or similar organization and has promised to join but has not yet been initiated.
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Mortgage➦
To pledge and make liable; to make subject to obligation; to achieve an immediate result by paying for it in the long term.
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Pledge➦
A vow to abstain from alcoholic liquor
ex-drinkers who have taken the pledge.
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Mortgage➦
A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made.
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Pledge➦
(Archaic) The act of drinking in honor of someone; a toast.
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Mortgage➦
State of being pledged; as, lands given in mortgage.
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Pledge➦
To offer or guarantee by a solemn binding promise
pledge loyalty to a nation.
pledge that the duties of the office will be fulfilled.
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Mortgage➦
To grant or convey, as property, for the security of a debt, or other engagement, upon a condition that if the debt or engagement shall be discharged according to the contract, the conveyance shall be void, otherwise to become absolute, subject, however, to the right of redemption.
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Pledge➦
To bind or secure by a pledge or promise
pledged themselves to the cause.
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Mortgage➦
Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation.
Mortgaging their lives to covetise.
I myself an mortgaged to thy will.
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Pledge➦
To deposit as security; pawn.
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Mortgage➦
a conditional conveyance of property as security for the repayment of a loan
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Pledge➦
To promise to join (a fraternity or similar organization).
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Mortgage➦
put up as security or collateral
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Pledge➦
To accept as a prospective member of such an organization.
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Pledge➦
(Archaic) To drink a toast to.
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Pledge➦
To make a solemn binding promise; swear.
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Pledge➦
(Archaic) To drink a toast.
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Pledge➦
To make a solemn promise (to do something).
pledge allegiance to the flag
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Pledge➦
To deposit something as a security; to pawn.
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Pledge➦
(transitive) To give assurance of friendship by the act of drinking; to drink to one's health.
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Pledge➦
A solemn promise to do something.
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Pledge➦
A promise to abstain from drinking alcohol.
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Pledge➦
An asset or person temporarily handed over to guarantee the fulfilment of something promised, under threat of permanent loss of the thing handed over; surety, security, hostage.
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Pledge➦
(law) A bailment of personal property to secure payment of a debt without transfer of title.
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Pledge➦
The personal property so pledged, to be kept until the debt is paid.
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Pledge➦
(college slang) A person who has taken a pledge of allegiance to a college fraternity, but is not yet formally approved.
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Pledge➦
A drinking toast.
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Pledge➦
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.
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Pledge➦
A person who undertook, or became responsible, for another; a bail; a surety; a hostage.
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Pledge➦
A hypothecation without transfer of possession.
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Pledge➦
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.
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Pledge➦
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.
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Pledge➦
A sentiment to which assent is given by drinking one's health; a toast; a health.
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Pledge➦
To deposit, as a chattel, in pledge or pawn; to leave in possession of another as security; as, to pledge one's watch.
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Pledge➦
To give or pass as a security; to guarantee; to engage; to plight; as, to pledge one's word and honor.
We mutually pledge to each other our lives, our fortunes, and our sacred honor.
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Pledge➦
To secure performance of, as by a pledge.
To pledge my vow, I give my hand.
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Pledge➦
To bind or engage by promise or declaration; to engage solemnly; as, to pledge one's self.
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Pledge➦
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.
Pledge me, my friend, and drink till thou be'st wise.
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Pledge➦
a deposit of personal property as security for a debt;
his saxophone was in pledge
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Pledge➦
someone accepted for membership but not yet fully admitted to the group
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Pledge➦
a drink in honor of or to the health of a person or event
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Pledge➦
a binding commitment to do or give or refrain from something;
an assurance of help when needed
signed a pledge never to reveal the secret
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Pledge➦
promise solemnly and formally;
I pledge that will honor my wife
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Pledge➦
pay (an amount of money) as a contribution to a charity or service, especially at regular intervals;
I pledged $10 a month to my favorite radio station
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Pledge➦
propose a toast to;
Let us toast the birthday girl!
Let's drink to the New Year
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Pledge➦
give as a guarantee;
I pledge my honor
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Pledge➦
bind or secure by a pledge;
I was pledged to silence
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