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mortgagor |
2 definitions found From Webster's Revised Unabridged Dictionary (1913) [web1913]: Mortgageor \Mort"gage*or\, Mortgagor \Mort"ga*gor\, n. (Law) 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 (?). From WordNet r 1.6 [wn]: mortgagor n : 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"
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