Definition of “mortgagee” - English Dictionary

british dictionary

“mortgagee” in British English

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mortgageenoun [ C ]

uk /ˌmɔː.ɡɪˈdʒiː/ us /ˌmɔːr.ɡɪˈdʒiː/ specialized

a bank or similar organization that gives mortgages to people, especially so that they can buy a house or apartment

(Definition of “mortgagee” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“mortgagee” in Business English

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mortgageenoun [ C ]

uk /ˌmɔːɡɪˈdʒiː/ us FINANCE

a bank or other financial organization that lends money in the form of mortgages:

Your mortgagee is likely to have a number of requirements that you must comply with.

(Definition of “mortgagee” from the Cambridge Business English Dictionary © Cambridge University Press)

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