pledgee

[ plej-ee ]

/ plɛdʒˈi /

noun

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

Nearby words

plectrum, pled, pledge, pledge of allegiance, pledged delegate, pledgee, pledget, pledgor, pleiad, pleiades, plein air

Origin of pledgee

First recorded in 1760–70; pledge + -ee

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for pledgee

He also has the right to have the property carefully preserved and cared for while in the possession of the pledgee.
Cyclopedia of Commerce, Accountancy, Business Administration, v. 3|Various
In this case the pledgee is bound to use ordinary diligence in guarding the thing pledged.
Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 2|Various
The pledgee cannot himself purchase the property unless the contract of pledge expressly so provides.
Cyclopedia of Commerce, Accountancy, Business Administration, v. 3|Various
But the law was otherwise as to a pledgee, if he had kept the pledge with his own goods, and the two were stolen together.
The Common Law|Oliver Wendell Holmes, Jr.

But beyond the pledgee and the sequester (a receiver appointed by the court) these exceptions are unimportant and disputed.
The Common Law|Oliver Wendell Holmes, Jr.

British Dictionary definitions for pledgee

pledgee

/ (plɛdʒˈiː) /

noun

a person to whom a pledge is given

a person to whom property is delivered as a pledge

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012