Mortgagor - definition, pronunciation, transcription
Amer.
|ˈmɔːrɡɪdʒɔːr|
Brit.
|ˌmɔːɡɪˈdʒɔː|
noun
- the person who gives a mortgage in return for money to be repaid (syn: mortgager)
we became mortgagors when the bank accepted our mortgage and loaned us the money to buy our new home
Extra examples
The payment has to be countersigned by the mortgagor.
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