obligee

[ob-li-jee] Origin

ob·li·gee

[ob-li-jee]
noun
1.
Law.
a.
a person to whom another is obligated or bound.
b.
a person to whom a bond is given.
2.
a person who is under obligation for a favor, service, or benefit.

Origin:
1565–75; oblige + -ee
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Obligee is always a great word to know.
So is fiduciary. Does it mean:
an agreement enforceable by law, originally applied to promises under seal; a bond containing a penalty, with a condition annexed for payment of money
a person to whom property or power is entrusted for the benefit of another
Collins
World English Dictionary
obligee (ˌɒblɪˈdʒiː)
 
n
1.  a person in whose favour an obligation, contract, or bond is created; creditor
2.  a person who receives a bond

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Etymonline
Word Origin & History

obligee
1570s, from oblige.
Online Etymology Dictionary, © 2010 Douglas Harper
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