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repledge1
noun
The act or an instance of repledging an asset, already serving as collateral for an existing loan, to secure another loan.
Origin
Late 19th century; earliest use found in Harvard Law Review. From repledge, after pledge.
repledge2
verb
historical Scottish LawTo transfer (a person or cause) from the jurisdiction of another court to one's own, giving a surety that justice will be done, typically within a year and a day. Also without object.
The right to repledge was abolished in 1747 by Act 20 George II. c. 43, along with the heritable jurisdictions themselves.
Origin
Late Middle English; earliest use found in Acts of Parliament of Scotland. From Anglo-Norman replegger, Anglo-Norman and Middle French repleger, Middle French replegier to replevy, to secure the release of a person arrested or of property (movable or immovable) seized in distraint against the provision of sureties, probably partly via post-classical Latin replegiare to replevy, to guarantee, to withdraw from the jurisdiction of another court to one's own.
repledge3
verb
To pledge again or once more.
Origin
Mid 18th century; earliest use found in Tobias Smollett (1721–1771), writer. From re- + pledge.
Pronunciation
repledge
/ˌriːˈplɛdʒ/Are You Learning English? Here Are Our Top English Tips
