Which one is correct: "pawn" or "pledge"?
Hello everyone!

I'm going to describe the situation.
I want to rent some equipment. They tell me that I can do that for free, but I have to give money as a pledge/pawn. After I return this equipment, I will get my money back. What can I say in this situation? Is this phrase (to give money as a pledge/pawn) even correct?

Any help would be greatly appreciated :)

Question

Which one is correct: "pawn" or "pledge"?
Hello everyone!

I'm going to describe the situation.
I want to rent some equipment. They tell me that I can do that for free, but I have to give money as a pledge/pawn. After I return this equipment, I will get my money back. What can I say in this situation? Is this phrase (to give money as a pledge/pawn) even correct?

Any help would be greatly appreciated :)

Answer

A pledge is correct, or more commonly a deposit or a collateral.

Answer

Of the 2, I would say "pledge".  You pawn an object in exchange for money.  You can reclaim the object with sufficient money within a certain period of time.  "Pledge usually (not always) refers to money.

Answers · 4

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