Mortgagee

Business, Legal & Accounting Glossary

Definition: Mortgagee


Mortgagee

Quick Summary of Mortgagee


A person who lends money with a Mortgage over land as security.




What is the dictionary definition of Mortgagee?

Dictionary Definition


The person who accepts a mortgage.

n. the person or business making a loan that is secured by the real property of the person (mortgagor) who owes him/her/it money.


Examples of Mortgagee in a sentence


The bank became our mortgagee when it accepted our mortgage on our new home.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/mortgagee/
Modern Language Association (MLA):
Mortgagee. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 28, 2024 https://payrollheaven.com/define/mortgagee/.
Chicago Manual of Style (CMS):
Mortgagee. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/mortgagee/ (accessed: March 28, 2024).
American Psychological Association (APA):
Mortgagee. PayrollHeaven.com. Retrieved March 28, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/mortgagee/

Definition Sources


Definitions for Mortgagee are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 28th April, 2020 | 0 Views.