pledgor Sentence Examples

  1. The pledgor offered valuable collateral to secure the loan.
  2. The bank required a personal guarantee from the pledgor.
  3. The pledgor's asset acted as security for the creditor.
  4. The pledgor retained possession of the pledged asset during the term of the loan.
  5. The pledgor's failure to repay the debt could result in the sale of the pledged property.
  6. The pledgor was legally bound to protect the pledged asset from damage or destruction.
  7. The pledgor had the right to redeem the pledged asset upon full repayment of the loan.
  8. The pledgor's creditworthiness was a factor in the creditor's decision to lend money.
  9. The pledgor provided a formal document to acknowledge their pledge of the asset.
  10. The pledged asset served as a safety net to mitigate the creditor's risk in the event of a loan default.

pledgor Meaning

Webster

pledgor (n.)

One who pledges, or delivers anything in pledge; a pledger; -- opposed to pledgee.

Synonyms & Antonyms of pledgor

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FAQs About the word pledgor

One who pledges, or delivers anything in pledge; a pledger; -- opposed to pledgee.

commit, promise, mortgage, troth, engage,vow, betroth, sign on, enroll, 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.