Living pledge

(Law) The conveyance of an estate to another for money borrowed, to be held by him until the debt is paid out of the rents and profits.

See also: Pledge

Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.
References in periodicals archive ?
CUTLINE: (1) Seated below "My Living Pledge," this 16-year-old graduate of the Motivating Youth Recovery program is now in a longer-term residential substance abuse recovery program at Highland Grace House in Worcester.
Most of all, they are signs of hope, living pledges of the divine promise of the future, showing us that the struggle for love and justice is worth it.

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