Mortgagee Meaning
/ˌmɔːrɡɪˈdʒiː/Definition, CEFR level C1, pronunciation, examples, and quiz.
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Definition
nounOne who provides a loan secured upon the borrowers' property: the lender in a mortgage agreement.
Sentence Examples
The bank was the mortgagee of the property.
The mortgagee had the right to repossess.
The mortgagee held the title until the loan was paid.
CEFR Practice Quiz
The bank acted as the ____ and lent the money for the new house.
CEFR Practice Quiz (Alternate)
In the legal document, the bank is listed as the ____, while the homeowner is referred to as the person who owes the money.
Word Origin & History
Etymology tree English mortgage English -ee English mortgagee From mortgage + -ee.
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CEFR Practice Quiz
The bank acted as the ____ and lent the money for the new house.
CEFR Practice Quiz (Alternate)
In the legal document, the bank is listed as the ____, while the homeowner is referred to as the person who owes the money.