obligor

IPA/ˌɒb.lɪˈɡɔːr/
IPA/ˌɑː.bləˈɡɔːr/

obligor — noun

  • obligorsingular
  • obligorsplural

1. a person, company, or other organisation that has a legal duty to deliver money,

1.名詞B2
釋義

a person, company, or other organisation that has a legal duty to deliver money, goods, or services to another party under a contract, court ruling, or statute.

例句

If the obligor fails to make the payments, the lender can repossess the house.

obligor + fails to + make payments

The court ordered the obligor to transfer the house to his ex-partner within sixty days.

同義詞
  • debtor

    narrower — a debtor specifically owes money, while an obligor may owe services, goods, or property

  • guarantor

    different role — a guarantor promises to pay only if the primary obligor defaults

反義詞
  • obligee

    the party who is owed the money, goods, or services

用法筆記

Common in legal and financial documents. Contrast with 'obligee', the party entitled to receive the performance owed by the obligor.