noun
- a person who gives property as security for a debt or obligation
Usage: legal
Examples
- The pledgeor must maintain the collateral in good condition.
- As the pledgeor, she retained ownership of the jewelry while using it as security.
- The bank required the pledgeor to sign additional documentation.
- The pledgeor defaulted on the loan, so the lender took possession of the pledged assets.
- Legal disputes arose between the pledgeor and pledgee over the terms of the agreement.
- The pledgeor’s rights are protected under state commercial law.