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Pledgor
PLEDGOR

Definition: A debtor who gives a pledge on an asset to a creditor.
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* All six elements should be in.


1. Debtor has an intention to pay back.

2. Pledge given considered to be worthy.*

3. Asset properly owned and/or possessed.

4. Creditor sure the pledgee at this period.

5. Asset value is not 'erased' by inflation.**

6. Action serves purpose(s) (connect to #1).
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* Debtor 'reputable' still.

REST?

PRAY... economy.

HOPE... creditor.

GAWD!

** Value for money yet on.

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