Mortgagee vs Pledge - What's the difference?
mortgagee | pledge |
One who provides a loan secured upon the borrowers' property, the lender in a mortgage agreement.
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 ,
* 1852 , Matthew Arnold, Tristram and Iseult
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.
As nouns the difference between mortgagee and pledge
is that mortgagee is one who provides a loan secured upon the borrowers' property, the lender in a mortgage agreement while pledge is a solemn promise to do something.As a verb pledge is
to make a solemn promise (to do something).mortgagee
English
Noun
(en noun)pledge
English
(wikipedia pledge)Verb
(pledg)- 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.]
- Reach me my golden cup that stands by thee,
- And pledge me in it first for courtesy.