obligee

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Also found in: Dictionary, Financial.

Obligee

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

obligee

a person in whose favour an OBLIGATION, contract, or bond is created; a creditor.
References in periodicals archive ?
Now that everyone traveling in and out of the Untied States for business and leisure by air needs a passport, with land and sea travelers needing a passport by 2009, child-support obligees should continue to see a jump in the collection.
If jurisdictional obstacles pose hardships across state lines, even further challenges come to light when a support order originates in a foreign country and an obligee seeks enforcement in a particular U.
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.
25 in place of a dividend is expected to be paid to the shareholders in cash by June 2007 after expiration of the legally prescribed notice to obligees.
Citant le president de la Republique, qui avait affirme que les efforts consentis par l'Etat dans le secteur de l'habitat vont [beaucoup moins que] se poursuivre et n'allaient pas s'arreter ou etre affectes par le prix du baril [beaucoup plus grand que], Tebboune a ecarte le scenario de 1991 lorsque les autorites avaient ete obligees d'abandonner tous les projets a cause de la crise financiere provoquee par la chute des prix du petrole en 1986.
Ce sont les interets des particuliers qui s'accumulent et ce sont les banques qui sont obligees d'enregistrer des retards de payement[beaucoup plus grand que], deplore-t-il.
Ces equipes-ecoles de football, ont malheureusement, connu des crises financieres au point d'etre obligees comme Tersana F.
25 in place of a dividend is expected to be paid to the shareholders in cash by the end of June 2006 after expiration of the legally prescribed notice to obligees.
Dans le cadre de la loi americaine sur le blanchiment d'argent, les banques sont obligees de renforcer leur surveillance et d'avertir les autorites regulierement sur les transferts d'argent liquide effectues par les non-Americains, en l'occurrence les personnes jugees [beaucoup moins que] sensibles [beaucoup plus grand que].
Ces dernieres ont ete obligees de se battre pour convaincre les parents du bien fonde du metier.
Des ambulances et les vehicules de pompiers se sont rendus sur le tas et les forces de la defense civile ont ete obligees de se faire assister par des vehicules de pompiers des forces armees dans la base aerienne de Louxor.
25 in place of a dividend is expected to be paid to the shareholders in cash by the end of June 2005 after expiration of the legally prescribed notice to obligees.