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Obligor |
Also found in: Dictionary/thesaurus, Financial | 0.01 sec. |
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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. |
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? References in periodicals archive |
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This test applies to changes in co-obligors, certain collateral and obligors in reorganizations to which Sec. Variable-rate demand obligations (VRDOs) and commercial paper (CP) accrue interest at short-term rates, generally allowing obligors to lower their interest costs. Obligor concentrations (the top one, five, and 10 obligors within GE ECAT 2005-1 are 2. |
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