homeowner
hoh moh ner
- n someone who owns a home
- When a homeowner loses a house to foreclosure, the property is publicly auctioned on the county courthouse steps in an atmosphere that's often chaotic and crowded with lawyers .
- That has the perverse effect of raising, not lowering, a homeowner's monthly payment.
- To a homeowner who has always made mortgage payments on time, perhaps by sacrificing spending elsewhere, the whole concept may seem grossly unfair.