单词 | mortgagor |
释义 | mortgagorn. Law. A person who mortgages property as a security for debt; the borrower in a mortgage.Usually opposed to mortgagee, but cf. mortgagee n. 2, and see also mortgager n. ΘΚΠ society > trade and finance > financial dealings > borrowing money > [noun] > borrower > on security of land mortgagor1543 mortgager1607 reverser1681 society > law > legal obligation > bond or recognizance > requiring or giving legal security > [noun] > legal security > mortgage > mortgagor mortgagor1543 mortgager1607 wadsetter1625 hypothecator1828 rehypothecator1878 mortgagee1897 1543 T. Phaer Newe Boke of Presidentes f. xvv An other fourme of a dede of fee simple with condicion to resesse the morgageour. 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. 206 The Executors or Administrators of the Mortgagor. 1708 Act 7 Anne c. 19 By the Direction of the Cestuy que Trust or Mortgagor. 1766 W. Blackstone Comm. Laws Eng. II. 157 That the mortgagee shall re-convey the estate to the mortgagor. 1875 K. E. Digby Introd. Hist. Law Real Prop. v. 211 A mortgagor, after default in payment of the mortgage debt, cannot make a valid lease of the lands without the concurrence of the mortgagee. 1890 H. Caine Bondman ii. x Jacob..bargained to be made Mortgagor. 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. 1988 A. Macrae Awful Childhoods i. 22 But hardly suitable for a mother, animal-owner, and mortgagor like herself. 1995 National Jan.–Feb. 7/2 Nonrecourse mortgages, that is, those for which the mortgagor is not liable on the mortgage covenant. This entry has been updated (OED Third Edition, December 2002; most recently modified version published online March 2022). < n.1543 |
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