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obligor

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
Obligor
A person who has an obligation to pay off a debt.
Obligor
The party to an agreement who owes an obligation to another party. An obligation is a requirement, especially a legal one. For example, an investor may have a legal obligation to disclose his/her investments to the SEC. In this circumstance, the obligor is the investor. See also: Obligee.
obligor

A party who owes an obligation.A borrower is an obligor.
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The obligor is the person who is obligated to pay the support ordered by the court and the obligee is the person entitled to receive the support awarded by the court.
Proposed amendments to Family Rules forms by Florida Bar News
The Bank's short term credit rating has also been maintained at 'A-2', with best quality grade, indicating strong capacity of obligor to meet its financial commitment.
Standard &Poor's Maintains 'A-' Rating for Gulf Bank by Albawaba.com
``We've found that more obligor parents will come forward and voluntarily satisfy their debt if compromise and reason are used in determining the amount owed,'' said Leah Rochford, the department's assistant division chief in its Palmdale office.
CHILD-SUPPORT COLLECTIONS UP WITH GENTLER STATEWIDE RULES by Daily News (Los Angeles, CA)
 
 
 
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