pledgor (Meaning)
pledgor (n.)
One who pledges, or delivers anything in pledge; a pledger; -- opposed to pledgee.
Synonyms & Antonyms of pledgor
pledgor Sentence Examples
- The pledgor offered valuable collateral to secure the loan.
- The bank required a personal guarantee from the pledgor.
- The pledgor's asset acted as security for the creditor.
- The pledgor retained possession of the pledged asset during the term of the loan.
- The pledgor's failure to repay the debt could result in the sale of the pledged property.
- The pledgor was legally bound to protect the pledged asset from damage or destruction.
- The pledgor had the right to redeem the pledged asset upon full repayment of the loan.
- The pledgor's creditworthiness was a factor in the creditor's decision to lend money.
- The pledgor provided a formal document to acknowledge their pledge of the asset.
- The pledged asset served as a safety net to mitigate the creditor's risk in the event of a loan default.
FAQs About the word pledgor
One who pledges, or delivers anything in pledge; a pledger; -- opposed to pledgee.
commit, troth, promise, engage, mortgage,vow, enrol, sign up,swear, plight
renege, renege,,
The pledgor offered valuable collateral to secure the loan.
The bank required a personal guarantee from the pledgor.
The pledgor's asset acted as security for the creditor.
The pledgor retained possession of the pledged asset during the term of the loan.
