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 (ŏb′lĭ-gôr′, -jôr′)
One who is under obligation to another by contract or legal agreement.


1. (Law) a person who binds himself or herself by contract to perform some obligation; debtor
2. (Law) a person who gives a bond


(ˌɒb lɪˈgɔr, ˈɒb lɪˌgɔr)

a person who is legally obligated to another.
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References in periodicals archive ?
Obligor repayments are due at least one month prior to bond payment dates.
The agency understands that this obligor has since embarked on a financial-restructuring scheme to resolve its debt woes.
The IRS determined that, because EBNI was the primary obligor and G merely a guarantor, G was not entitled to a deduction relating to accrued interest on the note.
High Obligor Concentrations: The largest obligor, top 10 obligors and top 20 obligors represent 3.
An obligor or a debt liability with uaB credit rating is characterised with low creditworthiness as compared to other Ukrainian obligors or debt liabilities.
Given the notes' recourse to each obligor on a several basis, the senior secured ratings reflect the creditworthiness of the obligor of the weakest credit quality as well as the recovery prospects for the notes.