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Pledge (2)
PLEDGE (2)

Definition: A sum of money or something valuable that you leave with somebody to prove that you will do something or pay back money that you owe.
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* All eight elements should be in.


1. Purposeful and necessary to leave sum with another.

2. Amount or value of thing is adequate or 'commensurate' - not in excess of the worth of what you are to do or the debt owed.
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See perfect BAD DEBT.


3. Sum or thing of value has an alternative use to which it can be applied - even if you are a billionaire or great 'collector' - and which is pending and important.

4. Person temporarily holding your money or thing keeps it safe and intact (connect to #7).
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See perfect SAVING GRACE.


5. Purpose is achieved. That is, you do what you promised or pay back what you owed. And collected your pledge back.

6. Money or valuable item can still serve its intended use when you get it back (connect to #3 & #4).
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See perfect PURCHASING POWER (2).


7. The sum or thing was not made use of while being held by the other party (to emphasize).

8. The money, or the valuable, ab initio, is/was yours !
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See perfect DEBT (2).

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