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pledgee
/ plɛdʒˈiː /
noun
- a person to whom a pledge is given
- a person to whom property is delivered as a pledge
Example Sentences
Each pledgee is expected to create their own company-specific diversity, equity and inclusion strategies and report their internal demographic data.
A court of equity though may do this, and enjoin a pledgee from voting the stock whenever the pledgor's rights would be affected.
In pledging stock it is a common practice to declare that the pledgee shall be entitled to the dividends that are declared.
In this case the pledgee is bound to use ordinary diligence in guarding the thing pledged.
A mortgagee, mortgager or pledgee of property may insure the property.
If the pledgor fails to pay the debt secured when due, the pledgee has the right to enforce his pledge.
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