pledgor
pledgor. One who gives a pledge to another. — Also spelled pledger. [Cases: Pledges 8. C.J.S. Pledges § 6.]
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field warehousing
field warehousing. An inventory-financing method by which a merchant pledges its inventory, which is in the possession of a third person (a warehouser). • This is a method of financing an inventory that cannot economically be delivered to the creditor or third party. The borrower segregates part of the inventory and places it under the