mortgagor
/ˈmɔːɡɪdʒə(r)/noun
उच्चारण मॉर्गिजर
बंधककर्ता, गिरवी रखने वाला
Advanced word
noun
- 1
[C] law
a person who borrows money from a bank or other lender and gives the lender a legal right to their house or land until the money is paid back
बंधककर्ता, गिरवी रखने वाला
- If the mortgagor fails to repay the loan, the bank may sell the property.
- The agreement was signed by both the mortgagor and the bank.
?Which word?
Do not confuse mortgagor (the borrower who gives the mortgage) and mortgagee (the bank or lender who receives it).
Mortgagor (वह कर्ज़दार जो संपत्ति गिरवी रखता है) और mortgagee (वह बैंक या ऋणदाता जिसके पास संपत्ति गिरवी रखी जाती है) में भ्रम न करें।
§Grammar and usage
The t in mortgage and mortgagor is silent.
Mortgage और mortgagor का t नहीं बोला जाता।