obligor
pronunciation
How to pronounce obligor in British English:
UK [ˌɒblə'gɔ:]
How to pronounce obligor in American English:
US [ˌɒblə'gɔ]
Word Origin
- obligor (n.)
- "person who binds himself to another by contract," 1540s, agent noun in Latin form from oblige.
Example
- 1. Article 80 an obligee assigning its rights shall notify the obligor .
- 2. Inspecting the obligor 's publicity of governmental information either regularly or irregularly .
- 3. Legal force is by no means ex parte liberty of the user . Rather , it is deemed a relationship that is concerned with both the obligor and obligation opposite to the force and the protection and remedy of the state .
- 4. Except where such creditor 's right is exclusively personal to the obligor .
- 5. The obligor may avail itself of any set-off against the assignee .