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mortgagee

/ˌmɔːɡɪˈdʒiː/

/ˌmɔrɡɪˈdʒi/

Translations

mortgageeadjective

/ˌmɔːɡɪˈdʒiː/

/ˌmɔrɡɪˈdʒi/

Used attributively in legal contexts (e.g., "mortgagee sale").

mortgageenoun

mortgagees

/ˌmɔːɡɪˈdʒiː/

/ˌmɔrɡɪˈdʒi/

The mortgagee has the right to foreclose on the property if the borrower defaults.

Ипотекодержатель имеет право на взыскание имущества, если заемщик не выполняет обязательства.

Additional translations

Synonyms

financial institution

mortgage holder

mortgageeadjective

Relating to or characteristic of a mortgagee or of the rights and interests held by a mortgagee.

The property was sold at a mortgagee auction.

mortgageenoun

A person or organization that lends money to a borrower for the purpose of purchasing real estate, and holds the mortgage as security for the loan.

The mortgagee has the right to foreclose on the property if the borrower defaults on the loan.