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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

Compare meaning

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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.

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

If a testator devises mortgaged land, is the devisee or person who receives the land also entitled to the money due from the mortgagor?

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

Mortgages are frequently given in cases where there is a debt existing to secure or indemnify the mortgagee against some liability which he may possibly incur on behalf or for the benefit of the mortgagor.

From Up To Date Business Home Study Circle Library Series (Volume II.) by Eaton, Seymour

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

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

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