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Pledgee
UK
/plɛdʒˈiː/
US
/plɛdʒˈi/
Translation pledgee into russian
pledgee
Noun
UK
/plɛdʒˈiː/
US
/plɛdʒˈi/
pledgee
pledgees pl
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
Noun
UK
/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.