Insult taking President for second oath (6)
I believe the answer is:
pledge
'oath' is the definition.
(I've seen this in another clue)
I cannot understand how the remainder of the clue works.
Can you help me to learn more?
(Other definitions for pledge that I've seen before include "Vow; security" , "Covenant" , "Promise, oath" , "Bond" , "Solemn undertaking" .)