mortgagor

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

First Known Use of mortgagor

1543, in the meaning defined above

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More Definitions for mortgagor

mortgagor

noun

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

mortgagor

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

Legal Definition of mortgagor

: a person who mortgages property