pledgor

[ plej-awr ]

noun

, Law.

1. a person who deposits personal property as a pledge.

pledgor

/ plɛdʒˈɔː; ˈplɛdʒə /

noun

1. a person who gives or makes a pledge

Word History and Origins

Origin of pledgor¹

pledge + -or ²

Example Sentences

In other cases, if the record remains unchanged, the pledgor can vote the stock.

From Project Gutenberg

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

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

From Project Gutenberg

A pledgor has the right to have his pledged property returned to him upon payment of the debt secured by the pledge.

From Project Gutenberg

In a pledge, however, the possession passes to the pledgee or creditor, while the title remains in the pledgor or debtor.

From Project Gutenberg