obligor

listen to the pronunciation of obligor
English - Turkish
English - English
The party bearing a legal obligation to another party, the obligee
{n} one who executes a bond or is bound by contract
An individual who has engaged to perform an obligation to another person, [i e , obligee]
One that places himself under a legal obligation
A borrower or mortgagor
Parent obligated to pay child support
The person or entity required to perform on a debt or obligation See principal
The borrower in a loan transaction -- the person who owes an obligation to another
The individual who owes or is alleged to owe child support This term includes alleged or putative fathers whose paternity of the child(ren) has not yet been established
Commonly called "principal," one bound by an obligation Under a bond, strictly speaking, both the principal and the surety are obligers
A promisor; one who incurs a lawful obligation to another (the obligee) The maker of a promissory note is an obligor In a performance bond, the contractor is the obligor One who guarantees the performance of the obligation is a surety; also called a guarantor (See payor)
{i} guarantor; person who receives an obligation (Law); person who is obligated
– Any person owing a duty of support or against whom proceedings for enforcement of a duty of support or a registration of support orders is commenced
A person who has an obligation to pay off a debt
Commonly called principal; one bound by an obligation Under a bond, strictly speaking, both the principal and the surety are obligors
The person who is ordered to pay the child support
One who legally binds (obligates) oneself, such as the maker of a promissory note
The debtor from whom the originator has right to receivables
The person who binds himself, or gives his bond to another
A person or company who has engaged to perform some obligation
Someone, such as a borrower or mortgagor, who owes a duty to perform under a contract
The person who is obligated to pay child support
A party ordered to make child support payments See non-custodial parent
A party ordered to make child support payments
A term used in surety bonds to refer to the individual or firm bound by an obligation Also known as the "principal "
Legal term for the non-custodial parent - the person who is obliged to pay child support
obligor
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