"Mortgagor vs. Mortgagee", "Consignor vs. Consignee" & etc.

One of my friends asked me are there any easy ways to tell the difference between a mortgagor and mortgagee, consignor and consignee, chargor and chargee...... I understand his problem, the respective terms are so similar and yet they are opposite parties to each other. A mixed-up is fatal in examinations and businesses. I hope my explanation would be helpful to those who are engaged in the banking or logistics business or business English students.
The rule is very simple the party with a suffix "or" is the one which acts or which gives the action, whereas the party with a suffix "ee" is the one which receives the action. Here are some of the examples:

• In a mortgage transaction, the mortgagor is the person who mortgages the property and is usually the owner of the property, whereas the mortgagee is the party which takes the property as a mortgage or security, and usually is the bank.
• In a shipment, the consignor is the party who consigns the merchandise and is usually the seller, whereas the consignee is the party which receives the merchandise and is usually the buyer.
• In a a payment transaction, a payor is the party which pays the money, whereas the payee is the party which receives the money.
• In an assignment, the assignor is the party which assigns the title or benefits of a property or other goods and is usually the seller, whereas the assignee is the party which receives the benefits of the property or the goods and usually is the buyer.
• On an envelope, the addresser is the sender of the letter and the addressee is the receiver.

Below are more examples:

• appointer vs. appointee
• bailer vs. bailee
• donor vs. donee
• lessor vs. lessee (lease)
• nomin(or) vs. nominee
• transferor vs. transferee
• trainer vs. trainee
• trust v trustee

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