negative pledges
negative pledges is the plural of negative pledge.
Meaning of negative pledge
Noun
negative pledge (plural negative pledges)
- A type of loan or loan condition in which the borrower agrees with the lender not to allow any other lender or creditor to rank ahead for payment in the event of a liquidation. Such a loan is unsecured (ie. not backed by a charge over specific assets).
Questions about negative pledges
- What is negative pledges the plural of?
- Negative pledges is the plural of negative pledge.
Words near negative pledges in the dictionary
Source and license
Adapted from Wiktionary: negative pledges (page history and authors); negative pledge (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “negative pledges.” Word.ws, https://word.ws/negative_pledges. Based on Wiktionary, CC BY-SA 4.0.
