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mortgagor
Longman Dictionary of Contemporary English
mortgagor
noun
EXAMPLES FROM CORPUS
▪ If the mortgagor is a lessee for years he effects the mortgage by a sub-lease.
▪ In certain cases, a prior mortgagee may make further advances to the mortgagor which will rank in priority to subsequent mortgages.
▪ So the court has full discretion over litigation costs incurred in proceedings between mortgagor and mortgagee.
▪ The mortgagor creates by deed a legal charge upon the land.
▪ The mortgagor had been ordered to pay the mortgagee's costs which had been taxed at £60.
▪ The Judicature Act decided that as against a stranger the mortgagor in possession must be treated as owner.
▪ The transfer to its mortgagors, the Hammonds, and its own legal charge had been registered at H.M.
▪ This also applies to owners taking over responsibility from defaulting tenants, and finance houses taking back property from mortgagors.
The Collaborative International Dictionary
Mortgagor

Mortgageor \Mort"gage*or\, Mortgagor \Mort"ga*gor\, n. (Law) One who gives a mortgage.

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").

Douglas Harper's Etymology Dictionary
mortgagor

1580s, agent noun in Latin form from mortgage (v.). Native form mortgager attested from 1630s.

Wiktionary
mortgagor

n. (alternative spelling of mortgager English)

WordNet
mortgagor

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: mortgager]