👉 Pledgets, also known as "pledges," are a type of financial instrument that is often used to secure loans or investments. They typically involve a promise by one party to repay a sum of money at some future date, and can be in the form of a loan, deposit, or other asset. In the context of pledgets, they are typically associated with an agreement between two parties, where the borrower promises to pay back the lender a certain amount of money, which is referred to
