1. the person who accepts a mortgage; - Example: "the bank became our mortgagee when it accepted our mortgage on our new home" [syn: mortgagee, mortgage holder]
WordNet (r) 3.0 (2006):
mortgage holder
n 1: the person who accepts a mortgage; "the bank became our
mortgagee when it accepted our mortgage on our new home"
[syn: mortgagee, mortgage holder]