1. One whose property is subject to a lien.
2. An encumbrancer who holds a lien; LIENHOLDER.
“[A] mortgagee is the owner of the property, while a pledgee or other lienee is merely an encumbrancer of it.” John Salmond, Jurisprudence 440 (Glanville L. Williams ed., 10th ed. 1947).