MORTGAGOR

Pronunciation (US): (GB):

Meaning:

The person who gives a mortgage in return for money to be repaid

Example:

we became mortgagors when the bank accepted our mortgage and loaned us the money to buy our new home

Synonyms:

mortgager; mortgagor

Classified under:

Nouns denoting people

Hypernyms ("mortgagor" is a kind of...):

debitor; debtor (a person who owes a creditor; someone who has the obligation of paying a debt)

Derivation:

mortgage (put up as security or collateral)