Outrageously Funny Search Suggestion Engine :: Pledged
What is the definition of Pledger? 🙋
👉 Pledged or pledged is a term used in business finance to describe the process by which a company lends money to another entity, typically for the purpose of purchasing goods or services. The act of lending money to another party through an agreement is known as "pledging." In this context, the lender is referred to as the pledger and the borrower is called the pledgee.
What is the definition of Pledged? 🙋
👉 In the context of finance, a pledge is an agreement between two or more parties to exchange something in return for some compensation. It can be used as a way to secure financial support from another party, such as a loan, investment, or other monetary commitment. Pledges are typically made with a formal contract or letter of intent that outlines the terms and conditions of the transaction.
