obligor

[ob-li-gawr, ob-li-gawr]
noun Law.
1.
a person who is bound to another.
2.
a person who gives a bond.

Origin:
1535–45; oblige + -or2

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World English Dictionary
obligor (ˌɒblɪˈɡɔː)
 
n
1.  a person who binds himself by contract to perform some obligation; debtor
2.  a person who gives a bond

Collins English Dictionary - Complete & Unabridged 10th Edition
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Etymonline
Word Origin & History

obligor
1540s, from oblige.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
Obligor and bonded alien contact information is needed to communicate on an as-needed basis about the bond or the bonded alien.
Copies of the orders shall be served on the obligee and obligor.
Voting securities of the trustee owned by the obligor or its officials.
Lump sum payments are benefits other than personal earnings that the obligor is receiving or is eligible to receive.
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