obligor

obligor
ob·li·gor /ˌä-blə-'gȯr, -'jȯr/ n: one who is bound by an obligation to another
an obligation extinguished by performance of the obligor compare creditor, debtor, obligee, promisor, surety

Merriam-Webster’s Dictionary of Law. . 1996.

obligor
I noun borrower, debtor, drawee, loan applicant, loanee, mortgagor, pledgor associated concepts: obligor on a note II index debtor

Burton's Legal Thesaurus. . 2006


obligor
n.
The person bound to perform some duty or pay money; a promisor.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


obligor
The person or entity that owes an obligation to another (for example, the party that must pay on a promissory note).
Category: Business, LLCs & Corporations
Category: Personal Finance & Retirement

Nolo’s Plain-English Law Dictionary. . 2009.

obligor
England, European Union, International, USA, United Kingdom, Wales
A person who owes a legal obligation to another person. In the context of financing arrangements, an obligor is usually a debtor (for example, a borrower) or someone who has given security or a guarantee for the payment of a debt or the performance of an obligation..

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


obligor
n. The person owing the money, service, or goods.
See also obligee.

Webster's New World Law Dictionary. . 2000.


obligor
The individual who owes another person a certain debt or duty.

Dictionary from West's Encyclopedia of American Law. 2005.


obligor
The individual who owes another person a certain debt or duty.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

obligor
[ah-bluh-gore]
n.
   the person or entity who owes an obligation to another, as one who must pay on a promissory note.

Law dictionary. . 2013.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Obligor — Ob li*gor , n. The person who binds himself, or gives his bond to another. Blackstone. [1913 Webster] …   The Collaborative International Dictionary of English

  • obligor — (n.) person who binds himself to another by contract, 1540s, agent noun in Latin form from OBLIGE (Cf. oblige) …   Etymology dictionary

  • obligor — [äb΄li gôr′, äb′li gôr΄] n. [< OBLIGE + OR] Law a person who binds himself to another by contract …   English World dictionary

  • Obligor — A person or entity who is legally, or contractually, obliged to provide some benefit or payment to another. In the financial context, the term obligor refers to a bond issuer, who is contractually bound to make all principal repayments and… …   Investment dictionary

  • obligor — noun Date: 1541 one who is bound by a legal obligation …   New Collegiate Dictionary

  • obligor — /ob li gawr , ob li gawr /, n. Law. 1. a person who is bound to another. 2. a person who gives a bond. [1535 45; OBLIGE + OR2] * * * …   Universalium

  • obligor — noun The party bearing a legal obligation to another party, the obligee …   Wiktionary

  • obligor — Any party with an obligation to discharge; usually used to refer to a borrower. American Banker Glossary A person who has an obligation to pay off a debt. Bloomberg Financial Dictionary …   Financial and business terms

  • obligor — ob·li·gor || ‚ɑblɪ gÉ”r /‚ɒblɪ gɔː n. guarantor; person who receives an obligation (Law); person who is obligated …   English contemporary dictionary

  • obligor — [ ɒblɪgɔ:, ˌɒblɪ gɔ:] noun Law a person who owes or undertakes an obligation to another by contract or other legal procedure. Compare with obligee …   English new terms dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”