obligor

noun

ob·​li·​gor ˌä-blə-ˈgȯr How to pronounce obligor (audio) -ˈjȯr How to pronounce obligor (audio)
: one who is bound by a legal obligation

Examples of obligor in a Sentence

Recent Examples on the Web According to its fee disclosures, S&P typically charges public finance obligors between $6,500 and $500,000 to rate their credit, based on its size, structure and complexity. Daniel Libit, Sportico.com, 3 Sep. 2019 The buyer will lose a portion of the money paid to the original seller should one or more obligors fail to repay their obligations. Harris Irfan, Foreign Affairs, 15 May 2015 The Tax Section requests additional guidance to clarify that bona fide[5] loans outstanding at the obligor’s death to an entity in which the debtor has previously gifted an interest are not subject to the exceptions to the special rule. Alan Gassman, Forbes, 11 Aug. 2022 This issue appears to be as a mirror of the Delray Beach Florida issue except the obligor is being stiffed with an 8.5% interest rate. Richard Lehmann, Forbes, 8 Oct. 2021

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'obligor.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

borrowed from Anglo-French, from obliger "to oblige" + -or -or entry 1

First Known Use

1541, in the meaning defined above

Time Traveler
The first known use of obligor was in 1541

Dictionary Entries Near obligor

Cite this Entry

“Obligor.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/obligor. Accessed 31 Oct. 2024.

Legal Definition

obligor

noun
ob·​li·​gor ˌä-blə-ˈgȯr, -ˈjȯr How to pronounce obligor (audio)
: one who is bound by an obligation to another
an obligation extinguished by performance of the obligor
compare creditor, debtor, obligee, promisor, surety
Last Updated: - Updated example sentences
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