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Definition of Obligor

Babylon English

guarantor; person who receives an obligation (Law); person who is obligated
Obligor Definition from Language, Idioms & Slang Dictionaries & Glossaries
Webster's Revised Unabridged Dictionary (1913)
The person who binds himself, or gives his bond to another.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter. About
hEnglish - advanced version

\ob`li*gor"\ (?), n. the person who binds himself, or gives his bond to another.

Obligor Definition from Business & Finance Dictionaries & Glossaries
Campbell R. Harvey's Hypertextual Finance Glossary
A person who has an obligation to pay off a debt.
Copyright © 2000, Campbell R. Harvey. All Rights Reserved.
Obligor Definition from Encyclopedia Dictionaries & Glossaries
English Wikipedia - The Free Encyclopedia
An assignment (Latin cessio) is a term used with similar meanings in the law of contracts and in the law of real estate. In both instances, it encompasses the transfer of rights held by one party—the assignor—to another party—the assignee. The details of the assignment determines some additional rights and liabilities (or duties).

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Obligor Definition from Law Dictionaries & Glossaries
The 'Lectric Law Library
OBLIGEE OR CREDITOR - contracts. The person in favor of whom some obligation is contracted, whether such obligation be to pay money, or to do, or not to do something.

Obligees are either several or joint, an obligee is several when the obligation is made to him alone; obligees are joint when the obligation is made to two or more, and, in that event, each is not a creditor for his separate share, unless the nature of the subject or the particularity of the expression in the instrument lead to a different conclusion.

OBLIGOR or DEBTOR - The person who has engaged to perform some obligation. The word obligor, in its more technical signification, is applied to designate one who makes a bond.

Obligors are joint and several. They are joint when they agree to pay the obligation jointly, and then the survivors only are liable upon it at law, but in equity the assets of a deceased joint obligor may be reached. They are several when one or more bind themselves each of them separately to perform the obligation. In order to become an obligor, the party must actually, either himself or by his attorney, enter into the obligation, and execute it as his own. If a man sign and seal a bond as his own and deliver it, he will be bound by it although his name be not mentioned in the bond. When the obligor signs between the penal part and the condition, still the latter will be a part of the instrument.

The execution of a bond by the obligor with a blank, and a verbal authority to fill it up, and it is afterwards filled up, does not bind the obligor unless it is redelivered or acknowledged or adopted.

This entry contains material from Bouvier's Legal Dictionary, a work published in the 1850's.
Courtesy of the 'Lectric Law Library. Legal Dictionary
A person who is contractually or legally, committed or obliged, to providing something to another person (the obligee). - (read more on Obligor)
2008 All rights reserved. Dictionary
the person who owes money or property as the result of a judgment.