mortgagor

or mort·gag·er

[mawr-guh-jer]

SEE MORE SYNONYMS FOR mortgagor ON THESAURUS.COM

noun

a person who mortgages property.

Origin of mortgagor

First recorded in 1575–85; mortgage + -or²

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for mortgagor

Historical Examples of mortgagor

It is usual for the mortgagor to insure the property for the benefit of the mortgagee.
Up To Date Business
Various
The mortgagor may, subject to the mortgage, lease, sell or devise it.
Commercial Law
Samuel Williston, Richard D. Currier, and Richard W. Hill
Does a mortgagor retain an interest which he may dispose of?
Cyclopedia of Commerce, Accountancy, Business Administration, v. 3
Various
The borrower is called the mortgagor, the lender the mortgagee.
Putnam's Handy Law Book for the Layman
Albert Sidney Bolles
And the principal cause will be that the mortgagor has discovered that he has no equity in the property.
The Arena
Various

British Dictionary definitions for mortgagor

mortgagor

mortgager

noun

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

Word Origin and History for mortgagor

1580s, agent noun in Latin form from mortgage (v.). Native form mortgager attested from 1630s.