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What is the difference between deposit and pledge?

deposit | pledge |

In transitive terms the difference between deposit and pledge

is that deposit is to put money or funds into an account while pledge is to give assurance of friendship by the act of drinking; to drink to one's health.

deposit

English

Alternative forms

* deposite

Noun

(en noun)
  • Sediment or rock that is not native to its present location or is different from the surrounding material. Sometimes refers to ore or gems.
  • That which is placed anywhere, or in anyone's hands, for safekeeping; something entrusted to the care of another.
  • (banking) Money placed in an account.
  • Anything left behind on a surface.
  • a mineral deposit
    a deposit of seaweed on the shore
  • (finance) A sum of money or other asset given as an initial payment, to show good faith, or to reserve something for purchase.
  • They put a deposit on the apartment.
  • A sum of money given as a security for a borrowed item, which will be given back when the item is returned, e.g. a bottle deposit or can deposit
  • A place of deposit; a depository.
  • Derived terms

    * security deposit * container-deposit * bottle deposit * can deposit

    See also

    * refundable

    Verb

    (en verb)
  • To lay down; to place; to put.
  • A crocodile deposits her eggs in the sand.
    The waters deposited a rich alluvium.
  • * Jeremy Taylor
  • The fear is deposited in conscience.
  • To lay up or away for safekeeping; to put up; to store.
  • to deposit goods in a warehouse
  • To entrust one's assets to the care of another. Sometimes done as collateral.
  • To put money or funds into an account.
  • To lay aside; to rid oneself of.
  • (Hammond)

    Antonyms

    * withdrawal

    Anagrams

    * * *

    pledge

    English

    (wikipedia pledge)

    Verb

    (pledg)
  • To make a solemn promise (to do something).
  • To deposit something as a security; to pawn.
  • To give assurance of friendship by the act of drinking; to drink to one's health.
  • * 1773 ,
  • HARDCASTLE [Taking the cup.] I hope you'll find it to your mind. I have prepared it with my own hands, and I believe you'll own the ingredients are tolerable. Will you be so good as to pledge me, sir? Here, Mr. Marlow, here is to our better acquaintance. [Drinks.]
  • * 1852 , Matthew Arnold, Tristram and Iseult
  • Reach me my golden cup that stands by thee,
    And pledge me in it first for courtesy.

    Noun

    (en noun)
  • A solemn promise to do something.
  • Something given by a person who is borrowing money etc to the person he has borrowed it from, to be kept until the money etc is returned.
  • A person who has taken a pledge of allegiance to a college fraternity, but not yet formally approved.
  • A security to guarantee payment of a debt.
  • A drinking toast.
  • A promise to abstain from drinking alcohol.
  • Synonyms

    * (l) * (l)

    Derived terms

    * (l) * (l)