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Definition of mortgagee

mortgagee

/ˌmɔːr.ɡəˈdʒiː/
mort · ga · gee
Plural:mortgagees
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mortgagee Lexical Profile

mortgagee Game Scores & Validity

• noun

1

A person or financial institution that lends money secured by a mortgage on real property.

Example

"The homeowner's insurance policy must list the bank as the primary mortgagee on the property."

Synonyms
View all synonyms for mortgagee
Antonyms
View all antonyms for mortgagee

Word Nuance & Usage

Frequently confused with 'mortgagor': the 'mortgagor' is the borrower who pledges the property as security, whereas the 'mortgagee' is the lender (typically a bank or financial institution) that accepts the pledge and issues the loan.

• Rhymes for mortgagee

• Nearby Words

mortarboard
mortgage
mortgageable
mortgagee
mortician
mortification
mortified

Word Origin & Etymology

Formed in the late 16th century from 'mortgage' (from Old French 'mort gaige', literally 'dead pledge') plus the legal Anglo-French suffix '-ee', denoting the party to whom a grant or pledge is made.

Cite this Entry

Wordmom. (2026). Definition of Mortgagee. In Wordmom Dictionary. Retrieved Nov 5, 2026, from https://wordmom.com/dictionary/mortgagee
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