irrevocable pledge
[ɪˈrɛvəkəbəl plɛdʒ]
nounpl: irrevocable pledges
promessa irrevogável
1. A solemn and binding commitment or promise that cannot be taken back, cancelled, or changed under any circumstances
The contract contained an irrevocable pledge to pay the full amount within thirty days.
O contrato continha uma promessa irrevogável de pagar o valor total dentro de trinta dias.
2. A formal guarantee or vow made in legal, financial, or personal contexts that is permanent and unchangeable
She made an irrevocable pledge of her loyalty to the organization.
Ela fez uma promessa irrevogável de sua lealdade à organização.
3. In legal terminology, a binding promise that cannot be revoked once given
The irrevocable pledge served as collateral for the loan.
A promessa irrevogável serviu como garantia para o empréstimo.
In Brazilian legal and business culture, an irrevocable pledge (promessa irrevogável) is a serious legal instrument often used in contracts, financial agreements, and formal commitments. In the USA, this term is particularly common in corporate law, real estate transactions, and financial contracts. Breaking an irrevocable pledge can result in significant legal and financial consequences in both cultures.
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