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obligee
(redirected from obligees)

    Also found in: Dictionary/thesaurus, Financial 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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soient obligees de faire figurer un avertissement sur les frites vendues.
L'etat de Californie instruit un proces relatif aux frites; les ... by Quick Frozen Foods International
Effect of Obligee's Cohabitation In a refreshing but all too rare note of realism, the Reporters acknowledge that "[c]hanging social mores that increasingly accept nonmarital cohabitation facilitate the obligee's postponement of marriage as a strategic response to a rule favoring unmarried cohabiting obligees over married ones.
Unprincipled family dissolution: the American Law Institutes ... by Westfall, David / Harvard Journal of Law & Public Policy
For example, it would be advisable for the obligees under the bond to notify the surety in writing of the fact that the contract that will be covered by the performance bond requires the contractor to perform some engineering services in connection with the work.
NY Supreme Court upholds design-build contract by Sherman, Fredrick E. / Real Estate Weekly
 
 
 
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