MORTGAGOR

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

mortgagor (plural mortgagors)

Alternative spelling of mortgager

Source: Wiktionary

Mort"gage*or, Mort"ga*gor, n. (Law)

Definition: One who gives a mortgage.

Note: The letter e is required analogically after the second g in order to soften it; but the spelling mortgagor is in fact the prevailing form. When the word is contradistinguished from mortgagee it is accented on the last syllable (

Source: Webster’s Unabridged Dictionary 1913 Edition

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