What's the difference between borrower and mortgagor?
Borrower
Definition:
(n.) One who borrows.
Example Sentences:
(1) But in 2017, to borrow another phrase from across the pond, there simply is no alternative.
(2) The small print revealed that Osborne claimed a fall in borrowing largely by factoring in the proceeds of a 4G telecomms auction that has not yet happened.
(3) A new bill, to be published this week with the aim of turning it into law by next month, will allow the government to use Britain's low borrowing rates to guarantee the £40bn in infrastructure projects and £10bn for underwriting housing projects.
(4) It is borrowed from the UN, where it normally hangs outside the security council chamber.
(5) "I have tried to borrow the money, but it was simply impossible."
(6) There is a European Investment Bank, a Nordic Investment Bank and many others, all capitalised by states or groups of states for the purpose of financing mandated projects by borrowing in the capital markets.
(7) Super City have Gone Holistic, to borrow the buzzword they introduced after Pellegrini had replaced Mancini.
(8) Government borrowing has hit a record high for a September.
(9) They also dismiss those who suggest that the current record-low interest rates mean countries could safely stimulate growth by raising their borrowing levels higher: Economists simply have little idea how long it will be until rates begin to rise.
(10) Nevertheless we know that there will remain a large number of borrowers with payday loans who are struggling to cope with their debts, and it is essential that these customers are signposted to free debt advice.
(11) Markets reacted calmly on Friday to the downgrade by Moody's of 16 European and US banks, with share prices steady after the reduction in credit ratings, which can push up the cost of borrowing for banks which they could pass on to customers.
(12) • Criminal sanctions should be introduced for anyone who attempts to manipulate Libor by amending the Financial Services and Market Act to allow the FSA to prosecute manipulation of the rate • The new body that oversees the administration of Libor, replacing the BBA, should introduce a "code of conduct" that requires submissions to be corroborated by trade data • Libor is set by a panel of banks asked the price at which they expect to borrow over 15 periods, from overnight to 12 months, in 10 currencies.
(13) Threadneedle Street has shaved 0.75 points off borrowing costs in but has not moved since April and with rising energy bills likely to push inflation close to 5% in the coming months is thought more likely to raise bank rate than cut it when the Bank meets this week.
(14) Alternatively, if your mortgage has been going for a few years – and so a reasonable amount of capital has been repaid, you may be able to borrow back up to the value of the original mortgage.
(15) Imagine the uproar if a Labour chancellor had planned to borrow another £150bn to invest in jobs, infrastructure, training, childcare and house-building.
(16) On Thursday, Dutton had scaled his language back, instead using a phrase to describe Labor’s policy borrowed from former prime minister, Tony Abbott.
(17) However, borrowers looking for new fixed rate deals or homeowners with mortgages linked to money market rates will not necessarily find their mortgage rate decreasing".
(18) The eurozone's 17 finance ministers began crisis talks in Brussels on Monday night "to stop the rot" with Italian bond yields – the country's cost of borrowing – hitting a new peak of 6.69%, threatening to crash the euro system, and political leaders from virtually all countries outside Germany lining up to demand full-scale ECB intervention.
(19) Techniques borrowed for the correction of congenital craniofacial deformities and acute traumatic reconstruction have improved the quality of secondary post-traumatic orbital reconstruction.
(20) A new website aims to help people reconnect with their neighbours through a lending and borrowing scheme.
Mortgagor
Definition:
(n.) One who gives a mortgage.
Example Sentences:
(1) This is not a London phenomenon, either – there are actually more “mortgagors” in London than outright owners, which the survey puts down to the younger population in the UK capital.