mortgagor

a person who mortgages a property. Glossary of Business Terms

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mortgagor mort‧gag‧or [ˈmɔːgɪdʒɔː ǁ ˌmɔːrgɪˈdʒɔːr, ˈmɔːrgɪdʒər] noun [countable] FINANCE
a person or organization that borrows money to buy property:

• 295,000 mortgagors, 4.6% of the total, were two months or more behind in their payments.

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mortgagor UK US /ˈmɔːɡɪdʒər/ noun [C] FINANCE
a person or organization that borrows money from a bank in order to buy a house or other property: »

The loan is secured on the mortgagor's property.


Financial and business terms. 2012.

Look at other dictionaries:

  • mortgagor — mort·gag·or /ˌmȯr gi jȯr/ n: a person who mortgages property Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. mortgagor …   Law dictionary

  • mortgagor — (n.) 1580s, agent noun in Latin form from MORTGAGE (Cf. mortgage) (v.). Native form mortgager attested from 1630s …   Etymology dictionary

  • mortgagor — ► NOUN ▪ the borrower in a mortgage …   English terms dictionary

  • mortgagor — or mortgager [môr′gi jər] n. a person who mortgages property …   English World dictionary

  • Mortgagor — Mortgageor Mort gage*or, Mortgagor Mort ga*gor, n. (Law) One who gives a mortgage. [1913 Webster] 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.… …   The Collaborative International Dictionary of English

  • Mortgagor — An individual or company who borrows money to purchase a piece of real property. By granting the lender an interest in the property, which allows it to lend the funds with an accurate assessment of risk, the mortgagor provides the lender with a… …   Investment dictionary

  • mortgagor — also mortgager noun Date: 1584 a person who mortgages property …   New Collegiate Dictionary

  • mortgagor — /mawr geuh jeuhr/, n. a person who mortgages property. Also, mortgager. [1575 85; MORTGAGE + OR2] * * * …   Universalium

  • Mortgagor — заемщик в ипотечном кредите …   Ипотека. Словарь терминов

  • mortgagor — mort|ga|gor [ˈmo:gıdʒə US ˈmo:rgıdʒər] n a person who borrows money from a bank or other organization in order to buy property …   Dictionary of contemporary English

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