mortgagee

play
noun mort·gag·ee \ˌmȯr-gi-ˈjē\

Definition of mortgagee

  1. :  a person to whom property is mortgaged

1584

First Known Use of mortgagee

1584


MORTGAGEE Defined for English Language Learners

mortgagee

play
noun

Definition of mortgagee for English Language Learners

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


Law Dictionary

mortgagee

play
noun mort·gag·ee \ˌmȯr-gi-ˈjē\

Legal Definition of mortgagee

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

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