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obligee

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.

The individual to whom a particular duty or obligation is owed.

The obligation might be to pay a debt or involve the performance or nonperformance of a particular act.

The term obligee is often used synonymously with creditor.


obligee (ah-bluh-jee) n. the person or entity to whom an obligation is owed, like the one to be paid on a promissory note.


obligee noun bestower, financier, grantor, lender, lessor, mortgage holder, mortgagee


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The obligor is the person who is obligated to pay the support ordered by the court and the obligee is the person entitled to receive the support awarded by the court.
Unlike the proposed treatment for private annuities, Alternative 1 allows the gain on the sale of the property to be reported over the term of the installment sale, regardless of when the obligee dies.
Obligee - The person to whom the Obligee is bound; usually the Promisee.
 
 
 
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