WHAT IS A PLEDGE?
There are two types of pledge: civil and commercial.
A commercial pledge is a pledge between entities or individuals subject to the regulations of the Commercial Code. These will be individuals with the capacity to carry out commercial acts or entities that engage in commercial activities. In general, the requirements for a civil pledge are somewhat stricter than those for a commercial pledge.
A civil or commercial pledge may be used depending on the status of the parties. In practice, a civil pledge is more likely to be used.