pledgee

[plej-ee]

noun

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

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

Historical Examples of pledgee

A mortgagee, mortgager or pledgee of property may insure the property.
Cyclopedia of Commerce, Accountancy, Business Administration, v. 3
Various
If the pledgor fails to pay the debt secured when due, the pledgee has the right to enforce his pledge.
Cyclopedia of Commerce, Accountancy, Business Administration, v. 3
Various
A pledge or delivery of personal property is for the purpose of securing a debt owing the pledgee.
Cyclopedia of Commerce, Accountancy, Business Administration, v. 3
Various
In a pledge, however, the possession passes to the pledgee or creditor, while the title remains in the pledgor or debtor.
Cyclopedia of Commerce, Accountancy, Business Administration, v. 3
Various
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

British Dictionary definitions for pledgee

pledgee

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