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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

Until the mortgagor fails to execute his part of the agreement, he retains possession of the property.

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

A mortgage is prepared by the solicitor of the mortgagee, and the mortgagor bears the whole expenses of the transaction.

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

And the principal cause will be that the mortgagor has discovered that he has no equity in the property.

From The Arena Volume 18, No. 93, August, 1897 by Various

They looked into each other's eyes an instant, not the mortgagor and the mortgagee, but the woman and the man.

From The Wizard's Daughter and Other Stories by Graham, Margaret Collier

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