Re-pledge

To formally commit or promise something again, especially after a previous commitment has expired, been fulfilled, or altered. This action often involves reaffirming a previous undertaking, such as guaranteeing collateral for a loan, promising support to a cause, or renewing a commitment of loyalty. Re-pledging implies a conscious and deliberate decision to continue an obligation or dedication, often highlighting a sustained level of trust or belief in the original commitment. The term frequently appears in financial contexts, but it also applies to social and political spheres.

Re-pledge meaning with examples

• The company decided to re-pledge its assets to secure a new line of credit, demonstrating confidence in its future growth despite current economic uncertainties. This re-pledging allowed them to invest in expansion plans and continue operations, even with tighter financial conditions.
• After the successful completion of the initial fundraising phase, the organization re-pledged its resources to launch phase two of the project, showing their sustained commitment to the cause and their confidence in reaching their goal. The added funding would push the project past its initial target.
• The politician, facing scrutiny, re-pledged his dedication to his constituents' well-being, publicly reinforcing his promises to improve local infrastructure and community services. His re-pledge aimed to restore public trust after a scandal.
• Having initially promised to donate to the orphanage, the philanthropist re-pledged an even larger sum, expressing the deepening personal significance of the cause and underscoring his continuing support, providing vital resources for the children. The original pledge had expired, but his new one was even greater.