Pledge

The depositing of personal propertyProperty that is not real is personal. Identifiable portable and tangible objects, e.g., furnishings, by a debtorThe person or entity that borrows money. The term debtor may be used interchangeably with the term borrower. with a creditorThe lending institution providing a loan or credit. as securityThe property that will be pledged as collateral for a loan. for a debtThat which is due from one person or another; obligation, liability. or engagement.