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What is another word for mortgagor?

Pronunciation: [mˈɔːɡɪɡə] (IPA)

The word "mortgagor" refers to the individual or entity who pledges property or other assets as collateral for a loan. Synonyms for this term include borrower, debtor, obligor, and pledger. These terms are often used interchangeably in legal and financial contexts, with slight variations in meaning depending on the specific type of agreement involved. For example, a borrower may refer to someone who has taken out a loan in any form, while a pledger specifically refers to someone who has offered assets as collateral for a loan. No matter which term is used, it is important to understand the legal obligations and responsibilities associated with mortgaging property or assets.
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Synonyms for Mortgagor:

What are the hypernyms for Mortgagor?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for mortgagor?

The word "mortgagor" refers to a person who borrows money for a property and pledges it as collateral. The antonyms for the word "mortgagor" would be those who do not borrow money, pledge collateral, or have any interest in a mortgaged property. For instance, tenants, lessees, renters, and landlords are antonyms of a mortgagor. These individuals do not have the ownership of the property and do not have any right to pledge it as collateral. Moreover, creditors, lenders, and investors can be antonyms of mortgagor as they are the ones who lend money rather than borrowing it. Therefore, the antonyms for mortgagor primarily relate to the individuals who do not have any interest or involvement in mortgaged property.

What are the antonyms for Mortgagor?

Usage examples for Mortgagor

The mortgagor has six months to pay off the mortgage and all interest and charges or vacate the land and lose his equity therein.
"Our Legal Heritage, 4th Ed."
S. A. Reilly
All mortgages are publicly recorded, and so the property is vested in the mortgagor till he is paid off, and when that is done it also is publicly recorded.
"A start in life"
C. F. Dowsett
The man who mortgages his property is the mortgagor.
"Business Hints for Men and Women"
Alfred Rochefort Calhoun

Famous quotes with Mortgagor

  • ... like a man being both mortgagor and mortgagee, and in the case of misapplication of trust it is the criminal sitting in judgment upon himself.
    Thomas Paine

Related words: mortgage, loan, lending, mortgagor definition, mortgage calculator, best mortgage calculator

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