Mortgagee

Mort`ga*gee"

(?), n. (Law) The person to whom property is mortgaged, or to whom a mortgage is made or given.
[1913 Webster]

{

Mort"gage*or

,

Mort"ga*gor

} (?), n. (Law) One who gives a mortgage.
[1913 Webster]

The letter e is required analogically after the second g in order to soften it; but the spelling mortgagor is in fact the prevailing form. When the word is contradistinguished from mortgagee it is accented on the last syllable (-jr").
[1913 Webster]

 

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Fri 14th December 2018