👉 Pledgees are individuals or entities who make a financial contribution to an organization, typically through a pledge card. These contributions can be made directly by donors, via bank transfers, or through other means like digital donations. The purpose of this term is to describe how people contribute to charitable causes and organizations in a way that aligns with their values and beliefs.
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What is the definition of Pledgee? 🙋
👉 In the context of business and finance, a "pledgee" is someone who agrees to pay a company or individual a certain amount in exchange for benefits, such as goods, services, or access to resources. The term originates from the Latin word "plēge," meaning "to promise."
