1 mortgager | Definition of mortgager
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mortgagor

noun
mort·​gag·​or | \ ËŒmȯr-gi-ˈjȯr How to pronounce mortgagor (audio) \
variants: or less commonly mortgager \ ˈmȯr-​gi-​jÉ™r How to pronounce mortgager (audio) \

Definition of mortgagor

: a person who mortgages property

Examples of mortgagor in a Sentence

Recent Examples on the Web

 The less home price appreciation, the higher probability of default the mortgagor will have. — Aldo Svaldi, The Denver Post, "Colorado mortgage risk is rising as home values spike, report warns," 15 Feb. 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'mortgagor.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of mortgagor

1543, in the meaning defined above

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More Definitions for mortgagor

mortgagor

noun
How to pronounce mortgagor (audio)

English Language Learners Definition of mortgagor

law : a person who borrows money for buying property : a person who takes out a mortgage in order to buy property

See the full definition for mortgagor in the English Language Learners Dictionary

mortgagor

noun
mort·​gag·​or | \ ËŒmȯr-gi-ˈjȯr How to pronounce mortgagor (audio) \

Legal Definition of mortgagor

: a person who mortgages property

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