pledgee
pledgee. One with whom a pledge is deposited. [Cases: Pledges 8. C.J.S. Pledges § 6.]
lienee (leen-eeor lee-[schwa]n-ee). 1. One whose property is subject to a lien. 2. An encumbrancer who holds a lien; LIENHOLDER. “[A] mortgagee is the owner of the property, while a pledgee or other lienee is merely an encumbrancer of it.” John Salmond, Jurisprudence 440 (Glanville L. Williams ed., 10th ed. 1947).
deposit of title deeds. A pledge of real property as security for a loan, by placing with the lender, as pledgee, the title-deed to the land.
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