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mortgagor

American  
[mawr-guh-jer] / ˈmɔr gə dʒər /
Or mortgager

noun

  1. a person who mortgages property.


mortgagor British  
/ ˌmɔːɡɪˈdʒɔː, ˈmɔːɡɪdʒə /

noun

  1. property law a person who borrows money by mortgaging his property to the lender as security

"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

Etymology

Origin of mortgagor

First recorded in 1575–85; mortgage + -or 2


Compare meaning

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Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

What really gives FHA insured mortgages distinction is that not only must the mortgagor and the servicing agent be approved but the mortgagee who puts up the funds must also pass muster.

From Time Magazine Archive

The mortgagor may sell his land at any time subject to the mortgage, in other words he cannot by any sale impair the mortgagee's security.

From Putnam's Handy Law Book for the Layman by Albert Sidney Bolles

Chattel Mortgage.—A chattel mortgage is a conveyance of personal property, as distinguished from real property, to secure the debt of the lender or mortgagor.

From Putnam's Handy Law Book for the Layman by Albert Sidney Bolles

The mortgagor in most states is regarded as the real owner and remains in possession; and the mortgagee has a lien, or security for his advance of money or whatever it may be.

From Putnam's Handy Law Book for the Layman by Albert Sidney Bolles

Taking into consideration the respective characters of the mortgagor and mortgagee, men shake their heads, and say that Darke will soon own the Armstrong plantation.

From The Death Shot A Story Retold by Mayne Reid

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