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obligee

 - 3 dictionary results

ob⋅li⋅gee

  [ob-li-jee]
Use obligee in a Sentence
–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. 2009.
Cite This Source Link To obligee
ob·li·gee   (ŏb'lə-jē')   
n.  One to whom another is bound by contract or legal agreement.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Legal Dictionary

Main Entry: ob·li·gee
Pronunciation: "ä-bl&-'jE
Function: noun
: one (as a creditor) to whom another is legally obligated obligee protected by a surety bond> —compare DEBTOR, OBLIGOR
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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