To the Top A party who places himself under a legal obligation to perform; in acceptance financing, the party who is obligated to repay the accepting bank for payment of the bankers' acceptance at maturity.

the party bound by a court or administrative order to provide support.

a person or entity who is under a legal obligation to someone else.

a person who binds oneself to another by contract or legal agreement

(a) one who is bound by a legal obligation. (b) the current and unreleased obligor(s) on an obligation, including, without limitation, any and all guarantors, sureties or other persons or entities liable on the Account.

An individual or institution bound by a legal obligation. In credit situations, usually the borrower.

One bound by the obligation covered by a bond. Also called the principal.

Sometimes called the principal. In a lost instrument bond the lost certificate holder is the obligor in the surety contract who is bound with the surety to guarantee the obligee (transfer agent and/or the issuer of the stock or bond) against loss.

Commonly termed the principal, or one bound by an obligation. Strictly speaking, under a surety bond, both principal and surety are obligors, since the surety must answer if the principal defaults.

A person who has placed himself under a legal obligation; for example, the maker of a note.

The person providing a surety bond to an obligee; also known as a principal.

Sometimes called the principal, or one bound by the obligation. Under a surety bond, both principal and surety are in a sense, obligors, since the surety must answer if the principal defaults.

A promisor; one who incurs a lawful obligation to another (the obligee). The maker of a promissory note is an obligor. In a performance bond, the contractor is the obligor. One who guarantees the performance of the obligation is a surety; also called a guarantor. ( See payor )

The person who has engaged to perform some obligation; one who makes a bond.

A party who is in debt to another: (i) a loan borrower; (ii) a bond issuer; (iii) a trader who has not yet settled; (iv) a trade partner with accounts payable; (v) a contractor with unfinished performance; see Counterparty. (See CreditMetrics Technical Document, page 5.)

A person or company who has engaged to perform some obligation

Commonly called "principal," one bound by an obligation. Under a bond, strictly speaking, both the principal and the surety are obligers.

One who legally binds (obligates) oneself, such as the maker of a promissory note.

An individual who has engaged to perform an obligation to another person (i.e. obligee).

A person who has obligated himself legally; for example, the maker of a note.

The principal, term used in bonds, one who is bound by an obligation.

One who places himself under a legal obligation to an obligee.

The person who is obliged to pay child support or perform some other obligation.

The person or entity required to perform on a debt or obligation. See principal.

A person who has a duty to do something. A support obligor is the person responsible for paying support.

An individual, or the estate of a decedent, who owes a duty of support.

A party ordered to make child support payments.

The person owing or paying child support payments.

Legal term for the non-custodial parent — the person who is obliged to pay child support.

Any person owing a duty of support or against whom proceedings for enforcement of a duty of support or a registration of support orders is commenced. Also may be referred to as non-custodial or non-residential parent.

The person owing a duty of support.

individual obliged to pay off a debt

The person who is obliged to pay child support (also referred to as the non-custodial parent or NCP.)

The borrower in a loan transaction -- the person who owes an obligation to another.

A person who owes a debt.

Non-custodial parent who owes money (child support) to the custodial parent.

The person who owes support.

The obligor is a person obligated to pay maintenance or support.

The party ordered to pay child support.

A person who is ordered by the Court to pay money, such as child support or alimony.

An entity that has an obligation to pay all principal and interest payments on a debt.

A debtor.... read full article