mortgageen.
/ˌmɔːɡᵻˈdʒiː/, U.S. /ˌmɔrɡᵻˈdʒi/ Law.
1. The person to whom property is mortgaged; the creditor (now usually a bank, building society, or savings and loan association) in a mortgage, a mortgage lender. Opposed to mortgagor.
ΘΚΠ
society > trade and finance > management of money > solvency > [noun] > creditor > types of
mortgagee1584
feoffee1590
judgment creditor1702
bond-creditor1710
petitioning creditor1720
apprizer1754
bondholder1823
rider1826
petitioner1854
preferential1903
society > trade and finance > financial dealings > moneylending > [noun] > one who lends money > others
mortgagee1584
feoffee1590
bottomrer1682
society > law > legal obligation > bond or recognizance > requiring or giving legal security > [noun] > legal security > mortgage > mortgagee
mortgagee1584
wadsetter1678
the man astride the rigging tree1855
encumbrancer1858
1584 in 10th Rep. Royal Comm. Hist. MSS (1885) App. v. 439 Yt..shalbe lawfull to and for the morgagee to challenge the morgagor for the resydue.
1628 E. Coke 1st Pt. Inst. Lawes Eng. 207 The Morgagee or his heire agreeing thereunto may re-enter into the land.
1649 Articles of Peace with Irish Rebels 22 Where any such mortgages have made profit of the lands morgaged above countrey charges, yet answer no rent, or other consideration to the mortgagees.
1708 Act 7 Anne c. 19 In like Manner as Trustees or Mortgagees of full Age are compellable to convey or assign their Trust Estates or Mortgages.
1790 E. Burke Refl. Revol. in France 169 Those are to answer the debt who neither were lenders or borrowers, mortgagers or mortgagees . View more context for this quotation
1827 T. Jarman Powell's Ess. Learning of Devises (ed. 3) II. 147 A testator, who was a mortgagee in fee.
1878 W. S. Jevons Polit. Econ. 90 The mortgagee or lender of the money then becomes part-owner of the land and capital.
1903 ‘T. Collins’ Such is Life v. 198 There was neither interest nor principal forthcoming, so the mortgagee had to sell us off to get his money.
1929 Encycl. Brit. IX. 494/2 A foreclosure action is brought by the mortgagee against the mortgagor in the chancery division of the High Court in England.
1991 Greater Brisbane Real Estate News (Brisbane) 22 Feb. 55/4 The mortgagee exercising power of sale says this home must be sold.
2. In popular usage: = mortgagor n.
ΘΚΠ
society > law > legal obligation > bond or recognizance > requiring or giving legal security > [noun] > legal security > mortgage > mortgagor
mortgagor1543
mortgager1607
wadsetter1625
hypothecator1828
rehypothecator1878
mortgagee1897
1897 Atlantic Monthly July 77 The chairman of the board of selectmen was kept from foreclosing a mortgage solely by the threat of his mortgagee to make public the amounts that he and others had received from the official for their votes in the preceding election.
1937 Amer. Home Apr. 10/2 The mortgagee wants to pay on his home as he pays in lesser amounts for his car and his furniture and his refrigerator.
1977 Daily Tel. 25 Apr. 12/6 A mortgagee would pay about £5 to the society..and this would completely cover his mortgage.
1993 New Scientist 7 Aug. 29/2 The next hurricane could damage or destroy a building.., leaving the uninsured or underinsured mortgagee with no means of repaying the loan.
This entry has been updated (OED Third Edition, December 2002; most recently modified version published online March 2022).
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n.1584