Usually means: Can be offered as security.
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We found 3 dictionaries that define the word pledgeable:

General (3 matching dictionaries)
  1. pledgeable: Collins English Dictionary
  2. pledgeable: Wiktionary
  3. pledgeable: Dictionary.com

Definitions from Wiktionary (Pledgeable)

adjective:  Alternative form of pledgable [(finance) Able to be used as a pledge, or as collateral]

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