The term 'LAST WORD IN THE PLEDGE OF ALLEGIANCE' is the word 'ALL'. The Pledge of Allegiance is a statement of loyalty to the United States of America, and is often recited in schools and other public settings. The full pledge reads 'I pledge allegiance to the Flag of the United States of America, and to the Republic for which it stands, one Nation under God, indivisible, with liberty and justice for all.' The last word of the pledge is 'all', which signifies that the pledge applies to everyone in the United States.