a person to whom property is delivered as a pledge
pledgee in American English
(plɛˈdʒi)
noun
a person to whom a pledge is delivered
see also pledgor
pledgee in American English
(pledʒˈi)
noun
a person to whom a pledge is made or with whom something is deposited as a pledge
Word origin
[1760–70; pledge + -ee]This word is first recorded in the period 1760–70. Other words that entered Englishat around the same time include: boutique, broadcast, icing, ingrain, provincialism-ee is a suffix forming from transitive verbs nouns which denote a person who is theobject or beneficiary of the act specified by the verb (addressee; employee; grantee); more recent formations also mark the performer of an act, with the base being anintransitive verb (escapee; returnee; standee) or, less frequently, a transitive verb (attendee) or another part of speech (absentee; refugee)