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mortgagee

noun [C]
 
 
/ˌmɔː.ɡɪˈdʒiː/ US  /ˌmɔːr-/ specialized

Definition

a bank or similar organization that gives mortgages to people, especially so that they can buy a house or apartmentMortgages and real estateRenting, hiring and hire purchase in general Renting propertyBorrowers and lenders
(Definition of mortgagee noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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