OBLIGOR


Meaning of OBLIGOR in English

|äblə|gȯ(ə)r, -ȯ(ə) noun

( -s )

Etymology: oblige + -or

1. : one that binds himself or gives his bond to another : one that places himself under a legal obligation — opposed to obligee

2.

a. : a surety or surety company that writes a bond

b. : the person bonded under a surety bond

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.