mortgagee
🇺🇸
/ˌmɔːrɡɪˈdʒiː/
🇬🇧
/ˌmɔːɡɪˈdʒiː/
noun
R
The person or organization that lends money for a home purchase, to be paid back over time with interest.
As the mortgagee, the bank requires monthly payments from the homeowner.
translation
The person or organization that lends money for a home purchase, to be paid back over time with interest.
Word Forms
Plural
mortgagees