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Engagement.

Last updated 08-20-2026

California Department of Real Estate

Updated 08-20-2026

Engagement.

PLEDGEE — One who is given a pledge or a security. (See definition of Secured Party.) PLEDGOR — One who offers a pledge or gives security. (See definition of debtor.) PLOTTAGE — A term used in appraising to designate the increased value of two or more contiguous lots when they are joined under single ownership and available for use as a larger single lot. Also called

California Department of Real Estate Glossary

California Department of Real Estate · p. 25

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