
Pledgee
UK
/plɛdʒˈiː/
US
/plɛdʒˈi/

Translation pledgee into russian
pledgee
NounUK
/plɛdʒˈiː/
US
/plɛdʒˈi/
The pledgee has the right to sell the collateral if the borrower defaults.
Залогодержатель имеет право продать залог, если заемщик не выполняет обязательства.
Definitions
pledgee
NounUK
/plɛdʒˈiː/
US
/plɛdʒˈi/
A person to whom a pledge is given or with whom something is deposited as security.
The bank acted as the pledgee for the collateral provided by the borrower.