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mortgagor

or mort·gag·er

[mawr-guh-jer]
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noun
  1. a person who mortgages property.
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Origin of mortgagor

First recorded in 1575–85; mortgage + -or2
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Related Words for mortgagor

defaulter, borrower, account, bankrupt, deadbeat, risk, welsher, mortgagor

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?

  • The borrower is called the mortgagor, the lender the mortgagee.

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

n.

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

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Online Etymology Dictionary, © 2010 Douglas Harper