pledgee

[ plej-ee ]

/ plɛdʒˈi /

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noun

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

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Origin of pledgee

First recorded in 1760–70; pledge + -ee

Words nearby pledgee

plectron, plectrum, pled, pledge, pledged delegate, pledgee, Pledge of Allegiance, pledget, pledgor, -plegia, Pleiad

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

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