Plant

The permanent income-producing equipment of a company. For instance, the plant of a manufacturing company consists of its works, usually including the land upon which they stand. The plant of a telegraph or telephone company consists of its wires, instruments, etc. The plant of a: gas company consists of its generating houses, tanks, mains and meters. Pledge. ‘To pledge is to hypothecate or pawn; to place (as stocks or bonds) in the hands of another as security for a debt. The property so placed or hypothecated is a pledge.