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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.
The negative rating actions reflect Fitch's concern with outstanding obligor concentrations for the pool, despite minimal loss performance.
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.
The affirmations reflect growing credit enhancement and strong obligor loss coverage, despite higher delinquency performance.
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.
The ratings withdrawal in the 2000-1 series is a result of the small effective obligor count in the pool.
The Rating Watch designation reflects Fitch's concern about growing obligor concentrations within the pool.
The Rating Watch designation reflects Fitch's concern as to growing obligor concentrations within the pool.
Furthermore, the transactions have significant obligor concentrations due to low obligor counts.