pledgee

[ plej-ee ]

noun

1. a person to whom a pledge is made or with whom something is deposited as a pledge.

pledgee

/ plɛdʒˈiː /

noun

1. a person to whom a pledge is given
2. a person to whom property is delivered as a pledge

Word History and Origins

Origin of pledgee¹

First recorded in 1760–70; pledge + -ee

Example Sentences

Each pledgee is expected to create their own company-specific diversity, equity and inclusion strategies and report their internal demographic data.

From Digiday

A court of equity though may do this, and enjoin a pledgee from voting the stock whenever the pledgor's rights would be affected.

From Project Gutenberg

In pledging stock it is a common practice to declare that the pledgee shall be entitled to the dividends that are declared.

From Project Gutenberg

In this case the pledgee is bound to use ordinary diligence in guarding the thing pledged.

From Project Gutenberg

A mortgagee, mortgager or pledgee of property may insure the property.

From Project Gutenberg

If the pledgor fails to pay the debt secured when due, the pledgee has the right to enforce his pledge.

From Project Gutenberg