'Mortgagor' definitions:
Definition of 'mortgagor'
(from WordNet)
noun
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" [syn: mortgagor, mortgager]
Definition of 'Mortgagor'
From: GCIDE
- Mortgageor \Mort"gage*or\, Mortgagor \Mort"ga*gor\, n. (Law) One who gives a mortgage. [1913 Webster]
- 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 (-j[^o]r"). [1913 Webster]