Definition

A person who receives something that is promised or deposited as a guarantee for a loan or obligation.

Example

The bank acted as the pledgee in the loan agreement, holding the collateral until the debt was repaid.

Conversation

Have you ever been a pledgee for someone?

No, I haven't, but I've heard it can be a big responsibility.

Yeah, you have to make sure you take care of whatever is pledged.

Exactly! It’s important to respect that trust.

Synonyms & Antonyms

Root Explanation

**Pledgee** → The word is formed from "pledge" (from Old French *plege*, meaning a promise or security) and "-ee" (a suffix used to indicate a person who is the recipient of an action). A pledgee is a person to whom a pledge is made, typically in a financial or legal context.

Memory Tip

Think of a 'pledge' as a promise or security given to someone, and the '-ee' indicates that this person is the one receiving that promise.

Visually Confused Words