mortgagee

noun
mort·​gag·​ee | \ˌmȯr-gi-ˈjē \

Definition of mortgagee 

: a person to whom property is mortgaged

First Known Use of mortgagee

1584, in the meaning defined above

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The first known use of mortgagee was in 1584

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More Definitions for mortgagee

mortgagee

noun

English Language Learners Definition of mortgagee

law : a person or organization (such as a bank) that lends money to someone for buying property

mortgagee

noun
mort·​gag·​ee | \ˌmȯr-gi-ˈjē \

Legal Definition of mortgagee 

: a party (as a business or individual) to whom or in whose favor property is mortgaged

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