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obligor

[ob-li-gawr, ob-li-gawr] /ˌɒb lɪˈgɔr, ˈɒb lɪˌgɔr/
noun, Law.
1.
a person who is bound to another.
2.
a person who gives a bond.
Origin
1535-1545
1535-45; oblige + -or2
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples for obligor
  • 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.
British Dictionary definitions for obligor

obligor

/ˌɒblɪˈɡɔː/
noun
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 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for obligor
n.

"person who binds himself to another by contract," 1540s, agent noun in Latin form from oblige.

Online Etymology Dictionary, © 2010 Douglas Harper
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