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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

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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

Even their rancour, however, has moderated slightly just of late, for they are as afraid to foreclose on unsaleable property as the mortgagor is of losing his claim on it for ever.

From Disturbed Ireland Being the Letters Written During the Winter of 1880-81. by Bernard H. Becker

An intending mortgagor is accordingly required to show a title easily marketable, and to verify it at his own cost.

From Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 3 "Convention" to "Copyright" by Various

The covenants for title implied by a mortgagor conveying “as beneficial owner” are the same as in the case of a vendor, but they are absolute and not qualified in the manner above pointed out.

From Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 3 "Convention" to "Copyright" by Various

Suppose the mortgagor was a nurseryman, and the land was taken for the debt by the mortgagee, would it include the trees and shrubs that had been planted for sale?

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

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