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mortgagee

noun

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

Example Sentences

Recent Examples on the Web 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

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