Reference: Pledge
American
The Jewish law protected the poor who were obliged to give security for a loan or the fulfillment of a contract. If a man pawned his rove, the usual covering of the cool nights, it must be returned on the same day, Ex 22:26-27. The creditor could not enter a house and take what he pleased; and the millstone being a necessary of life, could not be taken, De 24:6,10-11. Compare Job 22:6; 24:3,7. Idolaters sometimes disregarded these prohibitions, Am 2:6-8. See LOANS. Pledges are necessary from the vicious, who cannot be trusted, Pr 20:16.
See Verses Found in Dictionary
"If you ever take your neighbor's cloak as collateral, return it to him before sunset. For it is his only covering; it is the clothing for his body. What will he sleep in? And if he cries out to Me, I will listen because I am compassionate.
"Do not take a pair of millstones or an upper millstone as security for a debt, because that is like taking a life as security.
"When you make a loan of any kind to your neighbor, do not enter his house to collect what he offers as security. You must stand outside while the man you are making the loan to brings the security out to you.
For you took collateral from your brothers without cause, stripping off their clothes and leaving them naked.
They drive away the donkeys [owned] by the fatherless and take the widow's ox as collateral.
Without clothing, they spend the night naked, having no covering against the cold.
Take his garment, for he has put up security for a stranger; get collateral if it is for foreigners.
The Lord says: I will not relent from punishing Israel for three crimes, even four, because they sell a righteous person for silver and a needy person for a pair of sandals. They trample the heads of the poor on the dust of the ground and block the path of the needy. A man and his father have sexual relations with the same girl, profaning My holy name. read more. They stretch out beside every altar on garments taken as collateral, and they drink in the house of their God wine obtained through fines.
Easton
See Loan.
Hastings
The taking of a pledge for the re-payment of a loan was sanctioned by the Law, but a humanitarian provision was introduced to the effect that, when this pledge consisted of the large square outer garment or cioak called simlah, it must be returned before nightfali, since this garment often formed the only covering of the poor at night (Ex 22:26 f., De 24:12 f.; cf. Am 2:8; Job 22:6; 24:9; Eze 18:7,12,16; 33:15). It was forbidden also to take the mill or the upper millstone as a pledge (De 24:6). In Isa 36:8 the reference is to a pledge to be forfeited if a wager is lost (cf. Revised Version margin). In I S17:18 'take their pledge' probably means 'bring back a token of their welfare' (Driver).
See Verses Found in Dictionary
"If you ever take your neighbor's cloak as collateral, return it to him before sunset.
"Do not take a pair of millstones or an upper millstone as security for a debt, because that is like taking a life as security.
If he is a poor man, you must not sleep in [the garment] he has given as security.
For you took collateral from your brothers without cause, stripping off their clothes and leaving them naked.
The fatherless infant is snatched from the breast; the nursing child of the poor is seized as collateral.
Now make a deal with my master, the king of Assyria. I'll give you 2,000 horses if you can put riders on them!
He doesn't oppress anyone but returns his collateral to the debtor. He does not commit robbery, but gives his bread to the hungry and covers the naked with clothing.
and [when] he oppresses the poor and needy, commits robbery, and does not return collateral, and [when] he raises his eyes to the idols, commits abominations,
He doesn't oppress anyone, hold collateral, or commit robbery. He gives his bread to the hungry and covers the naked with clothing.
he returns collateral, makes restitution for what he has stolen, and walks in the statutes of life without practicing iniquity-he will certainly live; he will not die.
They stretch out beside every altar on garments taken as collateral, and they drink in the house of their God wine obtained through fines.
Morish
The taking of articles as security for loans, etc. was very early practised, and restrictions were given in the law that no unfair advantage should be taken thereby. Ex 22:26; De 24:10-17; Job 22:6; 24:3,9; Am 2:8. In 2Ki 18:23 and Isa 36:8 the sense is 'to make an engagement or treaty.'
See Verses Found in Dictionary
"If you ever take your neighbor's cloak as collateral, return it to him before sunset.
"When you make a loan of any kind to your neighbor, do not enter his house to collect what he offers as security. You must stand outside while the man you are making the loan to brings the security out to you. read more. If he is a poor man, you must not sleep in [the garment] he has given as security. Be sure to return it to him at sunset. Then he will sleep in it and bless you, and this will be counted as righteousness to you before the Lord your God. "Do not oppress a hired hand who is poor and needy, whether one of your brothers or one of the foreigners residing within a town in your land. You are to pay him his wages each day before the sun sets, because he is poor and depends on them. Otherwise he will cry out to the Lord against you, and you will be held guilty. "Fathers are not to be put to death for [their] children or children for [their] fathers; each person will be put to death for his own sin. Do not deny justice to a foreign resident [or] fatherless child, and do not take a widow's garment as security.
"So now make a bargain with my master the king of Assyria. I'll give you 2,000 horses if you're able to supply riders for them!
For you took collateral from your brothers without cause, stripping off their clothes and leaving them naked.
They drive away the donkeys [owned] by the fatherless and take the widow's ox as collateral.
The fatherless infant is snatched from the breast; the nursing child of the poor is seized as collateral.
Now make a deal with my master, the king of Assyria. I'll give you 2,000 horses if you can put riders on them!
They stretch out beside every altar on garments taken as collateral, and they drink in the house of their God wine obtained through fines.
Smith
Pledge.
[LOAN]
See Loan