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Noun: mortgagor  ,mor-gi'jor or mor-gi-ju(r)
  1. 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";
    - mortgager

Derived forms: mortgagors

Type of: debitor, debtor

Encyclopedia: Mortgagor