mortgagor Meaning, Definition & Usage

  1. noun the person who gives a mortgage in return for money to be repaid
    mortgager.
    • we became mortgagors when the bank accepted our mortgage and loaned us the money to buy our new home

WordNet

Mort"gage*or, Mort"ga*gor noun (Also<
  • Mortgageor
  • Mortgagor
)
Definitions
  1. (Law) One who gives a mortgage. ✍ 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 ().

Webster 1913