Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun One who is under obligation to another by contract or legal agreement.

from The Century Dictionary.

  • noun In law, the person who binds himself or gives his bond to another.

from the GNU version of the Collaborative International Dictionary of English.

  • noun The person who binds himself, or gives his bond to another.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun law, finance The party bearing a legal obligation to another party, the obligee.

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

oblige +‎ -or

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Examples

  • If you are an individual depositor, obligor or shareholder, guess what, you're still the cannon fodder in this scenario.

    Dennis Santiago: "Big Fail" Pondering the Unthinkable Dennis Santiago 2011

  • If you are an individual depositor, obligor or shareholder, guess what, you're still the cannon fodder in this scenario.

    Dennis Santiago: "Big Fail" Pondering the Unthinkable Dennis Santiago 2011

  • Shouldn't a seller of a note/contract/loan at a steep discount be required to offer a stranger no higher discount than that offered to the debtor/obligor?

    Adams bankers say they'll go after Breedlove (Jack Bog's Blog) 2009

  • Historically, they buy up debt of weak companies and poor governments for pennies on the dollar, then they try get every cent out of the obligor possible.

    Matthew Yglesias » Start New Banks? 2009

  • The firm said the largest obligor concentrations could add volatility to the companies' capital and operating performance, which could limit its ratings without additional capital.

    S&P Downgrades Assured Guaranty on Capital Concerns Nathalie Tadena 2011

  • Most bundles probably were not assembled on the basis of the income producing level of the obligor as the primary security, but on the "hard" collateral.

    Mortgages, Securities, and Bailouts, Arnold Kling | EconLog | Library of Economics and Liberty 2009

  • For example, the final criteria include a largest obligor'' test that lays out how much capital the bond insurer should have based on the probability of default by municipalities to which Assured Guaranty is most exposed.

    S&P Bell May Not Toll for Big Bond Insurer Jeannette Neumann 2011

  • "Under our proposed new methodology, we would assess the likelihood that an obligor can retain market access in the context of constrained liquidity in the credit markets," the company said.

    Financial Briefing Book: Dec. 21 2010

  • "Under our proposed new methodology, we would assess the likelihood that an obligor can retain market access in the context of constrained liquidity in the credit markets," the company said.

    S Stan Rosenberg 2010

  • When an accused ‘obligor’ fails, for whatever reason, to send his response on time, the court automatically issues a ‘default judgment,’ declaring him the legal father.

    Daddy by Default Pat Tucker 2010

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