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mortgagee

[ mawr-guh-jee ]
/ ˌmɔr gəˈdʒi /
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noun
a person to whom property is mortgaged.

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Origin of mortgagee

First recorded in 1575–85; mortgage + -ee
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

How to use mortgagee in a sentence

British Dictionary definitions for mortgagee

mortgagee
/ (ˌmɔːɡɪˈdʒiː) /

noun law
the party to a mortgage who makes the loan
a person who holds mortgaged property as security for repayment of a loan
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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