In these Terms and Conditions the following words have the following meanings:
‘Charity’ means any charity registered with The Charity Commission which has applied for registration with Pledgit via this Website.
‘Campaign’ means a campaign created on Pledgit in aid of a Charity.
‘Pledger’ means a person or an organisation which creates a Campaign and commits to match Donations to that Campaign at a stated Multiple and up to a stated Cap.
‘Cap’ means the maximum amount that a Pledger is obliged to contribute to a Campaign.
‘Multiple’ means the multiple of Donations which determines the amount which the Pledger is obliged to contribute to a Campaign, subject to the Cap.
‘Donor’ means a person or organisation which makes a Donation to a Campaign but who is not the Pledger.
‘Donation’ means a financial contribution to a Campaign from a Donor.
‘Matching Funds’ means the amount which the Pledger is liable to pay having regard to the total Donations on a Campaign, the Multiple and the Cap.
‘Payment Service Providers’ means the payment service providers which act for Pledgit from time to time in receiving and processing funds paid by Donors and Pledgers.