As nouns the difference between pledger and obligor
is that pledger is someone who gives a pledge while obligor is the party bearing a legal obligation to another party, the obligee.
pledger
English
Noun
(
en noun)
someone who gives a pledge
See also
* pledgee
* pledgor
obligor
English
Noun
(
en noun)
(legal, finance) The party bearing a legal obligation to another party, the obligee.
Coordinate terms
* obligee