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Examples of mortgagee in a Sentence
Recent Examples on the Web
Many ground leases say the ground tenant and its leasehold mortgagee cannot be affiliated or related in any way.
—Joshua Stein, Forbes, 23 Sep. 2024
The kicker on the new loans will be an entirely new concept: Principal repayment is due only upon death of the mortgagee!
—Scott Burns, Dallas News, 31 Dec. 2020
Warren's plan also includes a suite of bankruptcy protections and pro-borrower policies, including allowing people to modify their mortgagees in bankruptcy.
—Zak Hudak, CBS News, 7 Jan. 2020
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Word History
First Known Use
1584, in the meaning defined above
Dictionary Entries Near mortgagee
Cite this Entry
“Mortgagee.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/mortgagee. Accessed 23 Nov. 2024.
Kids Definition
mortgagee
noun
mort·gag·ee
ˌmȯr-gi-ˈjē
: a person to whom property is mortgaged
Legal Definition
mortgagee
noun
mort·gag·ee
ˌmȯr-gi-ˈjē
: a party (as a business or individual) to whom or in whose favor property is mortgaged
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