Definition: mortgager

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Source: WordNet (r) 1.7 

mortgager
     n : the person who gives a mortgage in return for money to be
         repaid; "we became mortgagors when the bank accepted our
         mortgage and loaned us the money to buy our new home"
         [syn: mortgagor]

Source: Webster's Revised Unabridged Dictionary (1913) 

Mortgager \Mort"ga*ger\, n. (Law)
   gives a mortgage.