mortgagee

noun

mort·​gag·​ee ˌmȯr-gi-ˈjē How to pronounce mortgagee (audio)
: a person to whom property is mortgaged

Examples of mortgagee in a Sentence

Recent Examples on the Web
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Many ground leases say the ground tenant and its leasehold mortgagee cannot be affiliated or related in any way. Joshua Stein, Forbes, 23 Sep. 2024 The kicker on the new loans will be an entirely new concept: Principal repayment is due only upon death of the mortgagee! Scott Burns, Dallas News, 31 Dec. 2020 Warren's plan also includes a suite of bankruptcy protections and pro-borrower policies, including allowing people to modify their mortgagees in bankruptcy. Zak Hudak, CBS News, 7 Jan. 2020

Word History

First Known Use

1584, in the meaning defined above

Time Traveler
The first known use of mortgagee was in 1584

Dictionary Entries Near mortgagee

Cite this Entry

“Mortgagee.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/mortgagee. Accessed 15 Nov. 2024.

Kids Definition

mortgagee

noun
mort·​gag·​ee ˌmȯr-gi-ˈjē How to pronounce mortgagee (audio)
: a person to whom property is mortgaged

Legal Definition

mortgagee

noun
mort·​gag·​ee ˌmȯr-gi-ˈjē How to pronounce mortgagee (audio)
: a party (as a business or individual) to whom or in whose favor property is mortgaged
Last Updated: - Updated example sentences
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