Definitions for "obligor"
The person who binds himself, or gives his bond to another.
A person who is contractually or legally committed or obliged, to provide something to another person. The recipient of the benefit is called the obligee. Also known as the "promisor."
A term used in surety bonds to refer to the individual or firm bound by an obligation. Also known as the "principal."
Keywords:  custodial, child, owe, duty, support
An individual or company that owes debt to another individual or company (the...
The individual who owes or is alleged to owe child support. This term includes alleged or putative fathers whose paternity of the child(ren) has not yet been established.
A person who has an obligation to pay off a debt.
string Simple A description of the obligor (debtor).
Refers to a person who has a legal obligation to pay a debt, such as a borrower of money, a credit customer of a business supplier or retailer, or an issuer of bonds. Also referred to as a debtor or obligator.
The account debtor. The individual or company that is liable for a debt created by the acceptance of goods or services from the account creditor.
The Mortgagor, unless identified as a different person in the Pledge Agreement. The Obligor pledges their security interest in the Pledged Asset Account.
The person or company that is obliged to make the annuity payments, also known as the transferee or buyer (of the property)
Any party with an obligation to discharge; usually used to refer to a borrower.
The party who agrees to pay a fee, monies or benefits as a result of the actions of an obligation.
Refers to the party that must satisfy an offset obligation