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mortgagee

[mawr-guh-jee]
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noun
  1. 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. 2018

Examples from the Web for mortgagee

Historical Examples

  • And then fixing his eyes steadily on him, he said, "You are a mortgagee."

    The Martins Of Cro' Martin, Vol. II (of II)

    Charles James Lever

  • Why, you do not mean to say that our gracious sovereign is a money-lender and mortgagee?

    The English Spy

    Bernard Blackmantle

  • The first mortgagee is entitled to be paid in full first, then the second, and so on.

  • The mortgagee may use his mortgage as security for loans or he may assign it as he pleases.

  • It is usual for the mortgagor to insure the property for the benefit of the mortgagee.


British Dictionary definitions for mortgagee

mortgagee

noun law
  1. the party to a mortgage who makes the loan
  2. a person who holds mortgaged property as security for repayment of a loan
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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

Word Origin and History for mortgagee

n.

1580s, from mortgage (v.) + -ee.

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Online Etymology Dictionary, © 2010 Douglas Harper