Pledge

Bailment of goods as security for payment of a debt or performance of a promise. Section 172 ICA.

Type: noun Branch: Contract Level: Intermediate Jurisdiction: Global

Pronunciation: 🇺🇸 US/plɛʤ/ 🇬🇧 UK/plɛʤ/

Definition

Bailment of goods as security for payment of a debt or performance of a promise. Section 172 ICA.

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