pledgor

[ plej-awr ]

/ plɛdʒˈɔr /

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noun Law.

a person who deposits personal property as a pledge.

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Origin of pledgor

pledge + -or²

Words nearby pledgor

pledge, pledged delegate, pledgee, Pledge of Allegiance, pledget, pledgor, -plegia, Pleiad, Pleiades, plein air, pleio-

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

How to use pledgor in a sentence

In other cases, if the record remains unchanged, the pledgor can vote the stock.
Putnam's Handy Law Book for the Layman|Albert Sidney Bolles
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
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 pledgor has the right to have his pledged property returned to him upon payment of the debt secured by the pledge.
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

British Dictionary definitions for pledgor

pledgor

pledgeor pledger (ˈplɛdʒə)

/ (plɛdʒˈɔː) /

noun

a person who gives or makes 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