obligee
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Obligee
The party to an agreement to whom an obligation is owed. 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 obligee is the SEC. See also: Obligor.
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obligee
A party to whom an obligation is owed.A lender is an obligee.The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.