repledge

Vow a second time

To repledge is to pledge again—typically to offer something already pledged as security for a new obligation.

In finance, a broker may repledge a client's securities as collateral for the broker's own borrowing: The firm repledged customer shares to secure its credit line.

The practice is regulated because it creates layered claims on the same assets.

commitment

rededication

Renewed formal commitment

allegiance · devotion · covenant · obligation · faithfulness · fidelity · steadfastness · fealty · constancy · troth

collateral

mortgage

Secured home loan

securitization · equity · bond · loan · refinance · leverage · foreclosure · default · escrow · underwriting

support

backing

Aid or sponsorship

sponsorship · alliance · aid · assistance · contribution · funding · investment · recommitment · solidarity · championing

Opposites
commitment action

repledgerenounce

Formally give up

abandon · forsake · revoke · retract · abjure

financial collateral action

repledgeredeem

Recover through payment

reclaim · retrieve · discharge

Family

repledges, repledged

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