Definition

A person who gives something as a guarantee for a loan or obligation, often in a legal context.

Example

The pledgor provided valuable assets to secure the loan.

Conversation

Have you ever thought about being a pledgor for a loan?

Not really, but I guess it could help someone in need.

Yeah, it's kind of like putting up something valuable as security.

Exactly! It shows you trust the borrower to pay it back.

Synonyms & Antonyms

Root Explanation

The word 'pledgor' originates from Old French 'plegeor', meaning a person who pledges or guarantees. It refers to someone who makes a pledge or commitment, often in a legal or financial context.

Memory Tip

Think of a person who makes a promise or 'pledge' — that's what a 'pledgor' is, someone who guarantees or commits to something.

Visually Confused Words