MORTGAGEE

mortgagee, mortgage holder

(noun) the person who accepts a mortgage; “the bank became our mortgagee when it accepted our mortgage on our new home”

Source: WordNet® 3.1

Etymology

Noun

mortgagee (plural mortgagees)

One who provides a loan secured upon the borrowers' property, the lender in a mortgage agreement.

Source: Wiktionary

Mort`ga*gee", n. (Law)

Definition: The person to whom property is mortgaged, or to whom a mortgage is made or given.

Source: Webster’s Unabridged Dictionary 1913 Edition

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