noun
- Plural of pledgeor; persons who pledge or deposit personal property as security for a loan or debt.
Usage: legal/formal; also spelled 'pledgers' in modern usage
Examples
- The pledgeors agreed to leave their jewelry with the lender until the loan was repaid.
- Under the contract, all pledgeors retained ownership of their collateral.
- The court ruled in favor of the pledgeors who disputed the valuation of their pledged items.
- Multiple pledgeors deposited their assets to secure the business loan.