pledgeable Definition
able to be used as security for a loan or debt.
Using pledgeable: Examples
Take a moment to familiarize yourself with how "pledgeable" can be used in various situations through the following examples!
Example
The company's assets are pledgeable for the loan.
Example
The bank requires pledgeable collateral before approving the loan.
pledgeable Synonyms and Antonyms
Synonyms for pledgeable
- secure
- guaranteed
- collateralizable
📌
Summary: pledgeable in Brief
'Pledgeable' [ˈplɛdʒəbəl] is an adjective that describes something that can be used as security for a loan or debt. It is often used in financial contexts, such as 'The bank requires pledgeable collateral before approving the loan.'