Definify.com

Webster 1913 Edition

Noun.

(Law)

One who gives a mortgage.

Noun.

mor'gager. [from mortgage. Mortgagor is an orthography that should have no countenance.]

The person who grants an estate as security for a debt, as above specified.

mortgager ‎(plural mortgagers)

One who uses property they own as security for a loan; the borrower in a mortgage agreement.

one who uses property they own as security for a loan