mortgagor

noun
mort·gag·or | \ ˌmȯr-gi-ˈjȯr \
variants: or less commonly mortgager \ˈmȯr-gi-jər \

Definition of mortgagor 

: a person who mortgages property

Examples of mortgagor in a Sentence

Recent Examples on the Web

The less home price appreciation, the higher probability of default the mortgagor will have. Aldo Svaldi, The Denver Post, "Colorado mortgage risk is rising as home values spike, report warns," 15 Feb. 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'mortgagor.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of mortgagor

1543, in the meaning defined above

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Time Traveler for mortgagor

The first known use of mortgagor was in 1543

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More Definitions for mortgagor

mortgagor

noun

English Language Learners Definition of mortgagor

law : a person who borrows money for buying property : a person who takes out a mortgage in order to buy property

mortgagor

noun
mort·gag·or | \ ˌmȯr-gi-ˈjȯr \

Legal Definition of mortgagor 

: a person who mortgages property

Comments on mortgagor

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occurring twice a year or every two years

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