Definition of pledgee in English:

pledgee

Line breaks: pledgee
Pronunciation: /plɛˈdʒiː
 
/

noun

  • A person to whom a pledge is given.
    More example sentences
    • It is worthwhile recalling, however, that where the amount of the credit involved exceeds £25,000, or where the pledgee is a company, the transaction is in any event not a regulated agreement.
    • Under English law, it said, there could be no doubt that a pledgee like the bank might hand back to the pledgor as his agent goods it had pledged for the purposes of sale, without diminishing the power of the security.

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Word of the day milord
Pronunciation: məˈlôrd
noun
used to address an English nobleman