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Pledgees
UK
/plɛdʒˈiːz/
US
/plɛdʒˈiz/
Translation pledgees into russian
pledgee
Nounpledgees
pl
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
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.