Pledge
1. By virtue of the pledge, the creditor under a secured obligation (the pledgee) has the right, in the event of non-performance by the debtor of this obligation, to be satisfied from the value of the pledged property preferentially over other creditors of the person to whom this property belongs (the pledgor), except as provided by law. In cases and in accordance with procedures established by laws, satisfaction of the creditor's claim under a secured obligation (the pledgee) may be carried out by transferring the pledged item into the ownership of the pledgee.
Source: "Civil Code of the Russian Federation (Part One)" dated 30.11.1994 No. 51-FZ (as amended on 03.12.2012)
Pledge - a method of securing an obligation, under which the pledgee creditor acquires the right, in the event of non-performance by the debtor of the obligation, to be satisfied from the pledged property preferentially over other creditors, except as provided by law.
Source: Law of the Russian Federation dated 29.05.1992 No. 2872-1 (as amended on 06.12.2011, with changes from 02.10.2012) "On Pledge"