Skip to main content
Insurance

Mortgagee

A mortgagee is an individual or entity who holds a mortgage on a property. This means that they have provided a loan to the borrower, also known as the mortgagor, in exchange for a security interest in the property. In the event of default, the mortgagee has the right to foreclose on the property and sell it to recoup their loan. Essentially, the mortgagee holds the power in this financial arrangement.

Related terms

Positive act

Understand the meaning and definition of Positive act in the context of stock market, trading, and investments.

MORE
Rated

Understand the meaning and definition of Rated in the context of stock market, trading, and investments.

MORE
Estate taxes

Understand the meaning and definition of Estate taxes in the context of stock market, trading, and investments.

MORE
Life Expectancy Tables

Understand the meaning and definition of Life Expectancy Tables in the context of stock market, trading, and investments.

MORE
Bailment

Understand the meaning and definition of Bailment in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91