mortgagor

or mort·gag·er

[ mawr-guh-jer ]

/ ˈmɔr gə dʒər /

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noun

a person who mortgages property.

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Origin of mortgagor

First recorded in 1575–85; mortgage + -or²

Words nearby mortgagor

mortgage, mortgage bond, mortgagee, mortgagee clause, mortgage rate, mortgagor, mortician, mortiferous, mortification, mortified, mortify

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use mortgagor in a sentence

Until the mortgagor fails to execute his part of the agreement, he retains possession of the property.
Putnam's Handy Law Book for the Layman|Albert Sidney Bolles
On the other hand a somewhat different rule applies between mortgagor and mortgagee.
Putnam's Handy Law Book for the Layman|Albert Sidney Bolles
If there is a surplus after satisfying the mortgage debt it must be paid to the mortgagor, or, if he is dead, to his heir.
Putnam's Handy Law Book for the Layman|Albert Sidney Bolles
If they are destroyed by fire, the mortgagor cannot claim to have the insurance applied in liquidation of the mortgage debt.
Putnam's Handy Law Book for the Layman|Albert Sidney Bolles

If the sums collected from the two sources exceed the amount advanced to the mortgagor that is only the mortgagee's affair.
Putnam's Handy Law Book for the Layman|Albert Sidney Bolles

British Dictionary definitions for mortgagor

mortgagor

mortgager

/ (ˈmɔːɡɪdʒə, ˌmɔːɡɪˈdʒɔː) /

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

mortgagor

or mort·gag·er

COMPARE MEANINGS

Origin of mortgagor

Words nearby mortgagor

Words related to mortgagor

How to use mortgagor in a sentence

British Dictionary definitions for mortgagor

mortgager