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

Words Nearby pledgee

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use pledgee in a sentence

Each pledgee is expected to create their own company-specific diversity, equity and inclusion strategies and report their internal demographic data.
‘Culture is our number one export’: How an Atlanta-based marketing collective is pushing for tangible diversity gains | Kimeko McCoy | May 5, 2021 | 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.
Putnam's Handy Law Book for the Layman | Albert Sidney Bolles
In pledging stock it is a common practice to declare that the pledgee shall be entitled to the dividends that are declared.
Putnam's Handy Law Book for the Layman | Albert Sidney Bolles
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
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

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

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