What is "mortgager"

Mortgager \Mort"ga*ger\, n. (Law) One who gives a mortgage.

n. One who uses property they own as security for a loan; the borrower in a mortgage agreement.

n. 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]