obligor

(redirected from obligors)
Also found in: Dictionary, Financial.

Obligor

The individual who owes another person a certain debt or duty.

The term obligor is often used interchangeably with debtor.

obligor

(ah-bluh-gore) n. the person or entity who owes an obligation to another, as one who must pay on a promissory note.

obligor

noun borrower, debtor, drawee, loan appliiant, mortgagor, pledgor
Associated concepts: obligor on a note
See also: debtor

obligor

a person who binds himself by contract to perform some OBLIGATION; a debtor.
References in periodicals archive ?
As a PHE, Fitch expects obligors to benefit from very strong state support in case of need.
Under the previous formula and guidelines, an obligor paid child support based on a percentage of his or her net income.
Finally, RAM Ratings maintained the "negative" rating watch on the super senior bonds, reflecting the facilities vulnerability to downgrade risk in case of another obligor default on its loan obligations.
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.
18) From September to December 2007 the DCSE collected $109,000 from 171 child-support obligors during the first three months using the Illinois Department of Natural Resources new point-of-sale system,"which enables a licensing agency to identify deadbeat parents who apply for hunting or fishing licenses.
A) Whether the quality of a banking institution's assets has been impaired by a protracted inability of public or private obligors in a foreign country to make payments on their external indebtedness as indicated by such factors, among others, as whether:
A change in the obligor, including the addition or deletion of a co-obligor, is an exception to this rule (Regs.
The affirmations reflect increasing credit enhancement and strong obligor loss coverage, despite high levels of delinquencies.
Fitch does not view the participation of the obligors in this health care cooperation as an indication of financial solidarity between the members.
Despite prepayments by some obligors and the subsequent deleveraging of the transaction, the expected cash flow from the portfolio would still be insufficient to fully meet the obligations under the senior and mezzanine bonds by final maturity, RAM Ratings added.
The top five obligors by lease balance represent 14.
The axA+ rating assigned to United Overseas Bank (Thai) Public Co Ltd shows that it is more exposed to market adversity than higher-rated obligors but still has a moderately strong debt-repayment capacity relative to other