MORTGAGER

mortgagor, mortgager

(noun) the person who gives a mortgage in return for money to be repaid; “we became mortgagors when the bank accepted our mortgage and loaned us the money to buy our new home”

Source: WordNet® 3.1

Etymology

Noun

mortgager (plural mortgagers)

One who uses property they own as security for a loan; the borrower in a mortgage agreement.

Source: Wiktionary

Mort"ga*ger, n. (Law)

Definition: gives a mortgage.

Source: Webster’s Unabridged Dictionary 1913 Edition

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