obligor

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

Etymology dictionary. 2014.

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  • 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 …   Law dictionary

  • 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 — [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

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