Quick Answer • Definition
Mortgagee definition: A mortgagee is the party, typically a bank or financial institution, that lends money and receives a mortgage as security for the loan.
Definitions of Mortgagee
- 1noun(formal)
A mortgagee is the party, typically a bank or financial institution, that lends money and receives a mortgage as security for the loan.
Example Sentences
formal
“The bank, as the mortgagee, has the right to foreclose if the borrower defaults on payments.”
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Frequently Asked Questions: Mortgagee in English
What is the meaning of Mortgagee in English?▼
Mortgagee definition: A mortgagee is the party, typically a bank or financial institution, that lends money and receives a mortgage as security for the loan.
How do you translate 'Mortgagee' to English?▼
'Mortgagee' translates to 'mortgagee' in English. Mortgagee definition: A mortgagee is the party, typically a bank or financial institution, that lends money and receives a mortgage as security for the loan.
How do you pronounce 'Mortgagee' and 'mortgagee'?▼
Listen to clear English audio pronunciation of 'Mortgagee' and native English audio speech for 'mortgagee' with bilingual sentence examples on DictBridge.
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