Meaning of “pledge” in the English Dictionary

"pledge" in British English

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pledgenoun [ C ]

uk /pledʒ/ us /pledʒ/

a serious or formal promise, especially one to give money or to be a friend, or something that you give as a sign that you will keep a promise:

[ + to infinitive ] All the candidates have given/made pledges not to raise taxes if they are elected.
Thousands of people made pledges (= promised to give money) to the charity campaign.
I give you this ring as a pledge of my everlasting love for you.

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pledgeverb [ T ]

uk /pledʒ/ us /pledʒ/

to make a serious or formal promise to give or do something:

We are asking people to pledge their support for our campaign.
If you join the armed forces, you have to pledge allegiance to your country.
So far, £50,000 has been pledged (= people have promised to pay this amount) in response to the appeal.
[ + to infinitive ] Both sides have pledged to end the fighting.
I've been pledged to secrecy.

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(Definition of “pledge” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"pledge" in American English

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pledgenoun [ C ]

us /pledʒ/

a formal promise, or something that is given as a sign that you will keep a promise:

a pledge of friendship
The telethon raised $150,000 in pledges for leukemia research.

(Definition of “pledge” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"pledge" in Business English

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pledgeverb [ T ]

uk /pledʒ/ us

to make a formal promise to do something:

pledge to do sth The UK chief executive has pledged to slash costs by £150m a year by 2014.
pledge $32m/£100,000, etc. to/for sth EU leaders pledged $1.2 billion to the region over the next 18 months.
pledge that sth He pledged that a reduction in the burden of taxation will become the central economic objective of the government.

LAW to give something valuable to a person or organization that has lent you money, which they can keep if you fail to pay back the loan:

pledge sth as collateral/security Shares are frequently pledged as collateral for loans.

pledgenoun [ C ]

uk /pledʒ/ us

a formal promise to do something:

a campaign/election/manifesto pledge
a pledge to do sth Analysts warn that OPEC's pledge to ramp up oil production in order to ease record crude prices will not have the desired effect.
make/honour/sign a pledge Campaigners have accused Congress of failing to honour its US funding pledges.
a pledge that sth Their goal of increasing electricity production from renewables by 40% has been reinforced by a pledge that they will not support further development of nuclear power.

LAW something valuable that is given to a person or organization that has lent you money, which they can keep if you fail to pay back the loan:

Serious financial irregularities took place, including the pledge of already paid-for securities.

(Definition of “pledge” from the Cambridge Business English Dictionary © Cambridge University Press)