pledgor

[US]/ˈplɛdʒə/
[UK]/ˈplɛdʒɔr/

Translation

n.one who pledges property as collateral; mortgagor; the person who gives a pledge

Phrases & Collocations

pledgor agreement

pledgor rights

pledgor obligations

pledgor consent

pledgor notice

pledgor liability

pledgor status

pledgor declaration

pledgor information

pledgor signature

Example Sentences

the pledgor must provide collateral for the loan.

as a pledgor, you are responsible for the pledged assets.

the bank requires the pledgor to sign a contract.

the pledgor can reclaim the asset once the debt is settled.

the pledgor's rights are protected under the law.

it is important for the pledgor to understand the terms.

the pledgor must be aware of the risks involved.

the lender will assess the pledgor's creditworthiness.

in case of default, the pledgor may lose the collateral.

the pledgor should keep records of all transactions.

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