What's the difference between debt and pledge?

Debt


Definition:

  • (n.) That which is due from one person to another, whether money, goods, or services; that which one person is bound to pay to another, or to perform for his benefit; thing owed; obligation; liability.
  • (n.) A duty neglected or violated; a fault; a sin; a trespass.
  • (n.) An action at law to recover a certain specified sum of money alleged to be due.

Example Sentences:

  • (1) In the bars of Antwerp and the cafes of Bruges, the talk is less of Christmas markets and hot chocolate than of the rising cost of financing a national debt which stands at 100% of annual national income.
  • (2) Madrid now hopes that a growing clamour for future rescues of Europe's banks to be done directly, without money going via governments, may still allow it to avoid accepting loans that would add to an already fast-growing national debt.
  • (3) Profit for the second quarter was £27.8m before tax but the club’s astronomical debt under the Glazers’ ownership stands at £322.1m, a 6.2% decrease on the 2014 level of £343.4m.
  • (4) The government did not spell out the need for private holders of bank debt to take any losses – known as haircuts – under its plans but many analysts believe that this position is untenable.
  • (5) However, civil society groups have raised concerns about the ethics of providing ‘climate loans’ which increase the country’s debt burden.
  • (6) The pump function of the heart (oxygen debt dynamics), the anaerobic threshold (complex of gas analytical indices), and the efficacy of blood flow in lesser circulation (O2 consumption plateau) were appraised.
  • (7) In the UK, George Osborne used this to his advantage, claiming "Britain faces the disaster of having its international credit rating downgraded" even after Moody's ranked UK debt as "resilient".
  • (8) Thus, the decreased hyperemic response after arrest suggests a reduced energetic debt with CSC compared with ARC and may indicate superior myocardial protection with CSC.
  • (9) It was the ease with which minor debt could slide into a tangle of hunger and despair.
  • (10) Most (86 percent) had educational debt (mean = $20,500), and more than half of those with debt were making loan payments.
  • (11) Silvio Berlusconi's government is battling to stay in the eurozone against mounting odds – not least the country's mountain of state debt, which is the largest in the single currency area.
  • (12) However in a repeat of the current standoff over the federal budget, the conservative wing of the Republican party is threatening to exploit its leverage over raising the debt ceiling to unpick Obama's healthcare reforms.
  • (13) It would cost their own businesses hundreds of millions of pounds in transaction costs, it would blow a massive hole in their balance of payments, it would leave them having to pick up the entirety of UK debt.
  • (14) Nevertheless we know that there will remain a large number of borrowers with payday loans who are struggling to cope with their debts, and it is essential that these customers are signposted to free debt advice.
  • (15) Finally, there is that pesky matter of public debt, which is still 90% of eurozone GDP.
  • (16) The ONS said it was possible that these one-off items and a rise in tax receipts in January could bring the overall debt figure within the OBR's £80.5bn forecast.
  • (17) This causes a time lag, with money continuing to be taken until the SLC is made aware that the debt has been settled.
  • (18) Unsecured lending rose slightly during the month, with outstanding debt increasing by £331m, after contracting by £114m in April.
  • (19) He said: "Advanced economies are still confronted with high levels of public and private debt, which act as brakes on the recovery.
  • (20) Portugal's slide towards a Greek-style second bailout accelerated after its principal private lenders indicated that they were growing weary of assurances from Lisbon that it could get on top of the country's debts.

Pledge


Definition:

  • (n.) 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.
  • (n.) A person who undertook, or became responsible, for another; a bail; a surety; a hostage.
  • (n.) A hypothecation without transfer of possession.
  • (n.) 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.
  • (n.) 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.
  • (n.) A sentiment to which assent is given by drinking one's health; a toast; a health.
  • (n.) To deposit, as a chattel, in pledge or pawn; to leave in possession of another as security; as, to pledge one's watch.
  • (n.) To give or pass as a security; to guarantee; to engage; to plight; as, to pledge one's word and honor.
  • (n.) To secure performance of, as by a pledge.
  • (n.) To bind or engage by promise or declaration; to engage solemnly; as, to pledge one's self.
  • (n.) 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.

Example Sentences:

  • (1) She was clearly elected on a pledge not to cut school funding and that’s exactly what is happening,” Corbyn said.
  • (2) The green fund contributions already announced (which include a $3bn pledge by the US and a $1.5bn pledge by Japan revealed during the G20 summit) “show very clearly that if we want the emerging countries and the more fragile countries to participate in this global growth, we have to ... support them,” Hollande said.
  • (3) Federal judges who blocked the bans cited harsh rhetoric employed by Trump on the campaign trail , specifically a pledge to ban all Muslims from entering the US and support for giving priority to Christian refugees, as being reflective of the intent behind his travel ban.
  • (4) Under pressure from many backbenchers, he has tightened planning controls on windfarms and pledged to "roll back" green subsidies on bills, leading to fears of dwindling support for the renewables industry.
  • (5) It also pledged support to a veterans’ group that rejected a request by a gay, lesbian and bisexual group to march in the St Patrick’s Day parade in Boston.
  • (6) We simply do whatever nature needs and will work with anyone that wants to help wildlife.” His views might come as a surprise to some of the RSPB’s 1.1 million members, who would have been persuaded by its original pledge “to discourage the wanton destruction of birds”; they would equally have been a surprise to the RSPB’s detractors in the shooting world.
  • (7) We are prepared to be honest with people and say that we will all need to chip in a little more.” The party’s health spokesman, Norman Lamb, said: “The NHS was once the envy of the world and this pledge is the first step in restoring it to where it should be.
  • (8) Royal Mail has pledged not to give Greene a large pay rise until after the current financial year, but the government's move follows Royal Mail chairman Donald Brydon telling the Daily Telegraph this week that Greene was the "lowest-paid chief executive in the FTSE 100" and that a rise in her pay was necessary to keep her.
  • (9) Well one of the things we have in common is we produce a lot of carbon … which means we’ve got to step up.” In the backrooms of the G20 meeting, Australia was continuing to resist language in the official communique encouraging countries to make pledges to the Green Climate Fund , but to a rousing reception at a local university, Obama announced the $3bn US commitment.
  • (10) Tim Farron has pledged to fight the next general election on a platform of taking the UK back into Europe .
  • (11) And when you said the pledge of allegiance in the morning, you had to look at those flags.
  • (12) But Sainsbury attacked government attempts to secure further pledges as a "total waste of time" given Pfizer's record of breaking promises in past takeovers.
  • (13) In a telling moment, 17 editors of both state and private newspapers collectively pledged in November to avoid criticising the state.
  • (14) Fenway, which also owns the Boston Red Sox baseball team, bought Liverpool for £300m in 2010 and pledged to return the club to the top of English football, following what was then a 20-year gap since the club last won the top flight.
  • (15) China INDC This would be “a key” to success of the UN climate talks, a French diplomatic official said, because the current national pledges won’t be enough to achieve the goal of keeping the rise in global temperatures below 2C between pre-industrial times and the end of the century.
  • (16) Climate change is also high on protesters’ and politicians’ agendas, and the German chancellor, Angela Merkel, called for the industrial powers to throw their weight behind a longstanding pledge to seek $100bn (£65bn) to help poor countries tackle climate change, agreed in Copenhagen in 2009.
  • (17) The party has also pledged to ensure that the wealthy make a greater contribution by restoring the 50p higher rate of income tax.
  • (18) Abbott's comments on Wednesday morning followed a pledge from Yudhoyono on Tuesday night to restore normal bilateral relations if Australia signed up to a new code of ethics on intelligence sharing.
  • (19) The media mogul said he had spoken "very carefully under oath" at the Leveson inquiry on Wednesday, when he had said that Brown had pledged to "declare war" on his company in a phone call made at around the time the Sun came out in support of the Conservative party, on 30 September of that year.
  • (20) "He has pledged to push for devolution of power to the north and east, and has said that the solution to the national question must have the agreement of all parties."