Sentence examples for pledged as payment from inspiring English sources

At that point, you can elect to pay the total debt of $121,400 in cash or turn over the stock pledged as payment.

It arose in cases in which a renter needed the use of the things that he pledged as security for his continued payment of rent, usually tools or equipment necessary for working the land he was renting.

Under the arrangement, Drexel will be removed as a participant and the Manufacturers Hanover Trust Company will act as its agent, accepting payments for securities in Drexel's inventory that have been pledged as collateral to other banks.

This may involve higher margin payments or a bigger "haircut" shaved off the value of assets pledged as collateral.

Second, the assets of the entire business can be pledged as collateral.

Yet the securities were pledged as collateral.

Sometimes Torajans decided to become slaves when they incurred a debt, pledging to work as payment.

Axa is typical in that it has pledged £1,000 as emergency payments for affected homes as well as offering alternative accommodation and setting up a 24-hour helpline.

And here's the hedge: Even if the stock falls and is worth only $50,000, Derivium will accept the pledged shares as full payment.

The faith and credit of the state of North Dakota are pledged for the payment of the bonds.

The European Union has pledged billions as well.