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Definition of Obligor
1. n. The person who binds himself, or gives his bond to another.
Definition of Obligor
1. Noun. (legal finance) The party bearing a legal obligation to another party, the obligee. ¹
¹ Source: wiktionary.com
Definition of Obligor
1. one who places himself under a legal obligation [n -S]
Lexicographical Neighbors of Obligor
Literary usage of Obligor
Below you will find example usage of this term as found in modern and/or classical literature:
1. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1905)
"EVANS, J. This was a suit brought by one joint obligor against his co-obligor
for contribution. A demurrer to the petition •was sustained on the ground that ..."
2. The Revised Reports: Being a Republication of Such Cases in the English by Frederick Pollock, Robert Campbell, Oliver Augustus Saunders, Arthur Beresford Cane, Joseph Gerald Pease, William Bowstead, Great Britain Courts (1902)
"Both parts of the condition there are put in the light of acts to be done by the
obligor ; if IS do not go, the bond is single. Here, it was the defendant's ..."
3. The American and English Encyclopedia of Law by John Houston Merrill, Charles Frederic Williams, Thomas Johnson Michie, David Shephard Garland (1889)
"If the condition of a bond of indemnity be that the obligor shall pay a certain
debt, and discharge the obligee, therefrom, there is a breach when the debt ..."
4. Institutes of Common and Statute Law by John Barbee Minor (1877)
"But when the obligor dies, a bond, like any other contract, ... The lands of the
deceased obligor in the hands of his heir (but not in the hands of a bcm'a ..."
5. A Digest of the Laws of England by John Comyns, Anthony Hammond, Thomas Day (1824)
"So judgment and execution against one, who was permitted to escape by the sheriff,
is no bar to an action upon the same obligation against the other obligor ..."
6. American Business Law: With Legal Forms by John James Sullivan (1920)
"(C) Duties of the principal obligor toward a surety or a guarantor 716. When, at
the principal obligor's request, one becomes liable as a surety or a ..."
Other Resources:
